{"id":63955,"date":"2025-12-17T10:01:36","date_gmt":"2025-12-17T10:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63955"},"modified":"2025-12-17T10:01:36","modified_gmt":"2025-12-17T10:01:36","slug":"bitcoin-btc-risks-dump-to-80k-as-bulls-fail-to-clear-this-key-barrier","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63955","title":{"rendered":"Bitcoin (BTC) Risks Dump to $80K as Bulls Fail to Clear This Key Barrier"},"content":{"rendered":"
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Bitcoin (BTC) has fallen nearly 30% from its October high of over $126,000 and is trading around $86,500 at press time. The asset is moving sideways after a sharp drop earlier in the month.<\/p>\n

Despite small bounces, there\u2019s no clear sign of a trend reversal yet. The focus now is on whether Bitcoin can break above $88,000. If not, the move toward lower levels may continue.<\/p>\n

$88K Stands as the Line to Beat<\/h2>\n

Analyst Micha\u00ebl van de Poppe noted<\/a> that BTC is currently undecided, consolidating between support and resistance zones.<\/p>\n

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\u201cTrend remains to be down, and in order to adjust the trend, a breakout above $88K is required,\u201d he stated on X.<\/p>\n<\/blockquote>\n

\"Bitcoin<\/a>
Bitcoin (BTC) Price Chart 17.12. Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

This week, Bitcoin briefly touched $88,000 before falling back toward $87,500. The 7-day range between $85,100 and $93,000 reflects uncertain movement. With no clear breakout, the lower areas near $83,000 and $80,000 are starting to draw attention.<\/p>\n

Kamran Asghar, another analyst, believes<\/a> Bitcoin is searching for a new base after breaking below a long-standing support line. He marked $86,500 as a possible short-term floor, but warned that deeper levels may be tested. He pointed to a zone between $72,000 and $75,000 that hasn\u2019t been touched since the 2024 breakout.<\/p>\n

That area, often referred to by traders as a key demand zone, could offer support if the decline continues. If the current range breaks, Bitcoin may move toward that lower target range.<\/p>\n

Long-Term Trend Break Raises Concern<\/h2>\n

Bitcoin has now lost the Supertrend support on the weekly chart for the first time since January 2023. According<\/a> to a post by Bitcoinsensus, this marks the first major break of structure since the bull cycle began, adding weight to the bearish sentiment currently in play. Adding to this, long-term holders are starting to exit their positions.<\/p>\n

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\u201cLong-term holders are now selling $BTC at their fastest pace in 7 years,\u201d said<\/a> Ted.<\/p>\n<\/blockquote>\n

This shift adds to the selling pressure and reduces the strength of any bounce attempts.<\/p>\n

Moreover, the drop in Bitcoin\u2019s price over recent days is being linked to liquidations across leverage-heavy positions.<\/p>\n

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\u201cBitcoin\u2019s recent price drop was driven by liquidations \u2014 not spot selling,\u201d reported<\/a> Bitcoin Duniya.<\/p>\n<\/blockquote>\n

The move reflects a flush of excess leverage rather than weakness in underlying demand. As CryptoPotato recently reported<\/a>, current selling pressure is still stronger than demand. Until that changes, price recovery may be limited, and further downside cannot be ruled out.<\/p>\n

The post Bitcoin (BTC) Risks Dump to $80K as Bulls Fail to Clear This Key Barrier<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) has fallen nearly 30% from its October high of over $126,000 and is trading around $86,500 at press time. The asset is moving sideways after a sharp drop earlier in the month. Despite small bounces, there\u2019s no clear sign of a trend reversal yet. The focus now is on whether Bitcoin can break […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-63955","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63955"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63955\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}