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Bitcoin Price Today: Weak Bounce Puts $75K In Play If $80K Breaks

Published by
Anjali Belgaumkar

Bitcoin is trading near $80,620 after sweeping liquidity below recent lows and bouncing back higher. The rebound has so far lacked strength, leaving the market in an uncertain position heading into a week packed with macro events, including the Federal Reserve’s rate decision. The $80,000 level is now the key line to watch. A failure to hold it could trigger another sweep of the lows and a quick slide toward the $75,000 to $76,000 zone. That would mark Bitcoin’s lowest levels since its rebound from the October 15 dip. Ether is trading around $2,342. Until buyers show stronger follow-through above current levels, the bounce remains fragile and downside risk stays in play.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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