Bitcoin $BTC is approaching a critical point on the daily chart. BTC is trading around $80,800, sitting just above the lower Bollinger Band at $80,735. The middle band is at $83,653, which Bitcoin has now lost. That level is important because it can help us judge whether momentum is recovering or the market remains under pressure. If BTC reclaims $83.6K, we could see a move towards the $85K–$86K area. If the lower band breaks, the risk of another leg down increases, particularly with Bitcoin already showing weakness after failing to hold the $84K region. One thing to remember: touching the lower Bollinger Band doesn't automatically mean Bitcoin is oversold or due for a bounce. In a strong downtrend, price can continue riding the lower band. I'm watching two things here: whether buyers defend the $80K area, and whether BTC can get back above $83.6K. I'm watching how price reacts here before making any assumptions about a reversal.