$BTC Rejected Again — Is a Break Below $80,000 Coming Next? Bitcoin started to move lower again after entering the Resistance Zone($81,950-$82,960) and reacting to a key trading level. More importantly, the 1-hour candle closed below the key $81,650 trading level, increasing the probability that Bitcoin could break the current Support Line and potentially lose the 50_SMA(Daily) this time. If the bearish structure continues, I expect the decline to extend toward the Cumulative Long Liquidation Leverage($80,430-$80,880). With U.S. financial markets approaching their opening hours, volatility and momentum could increase significantly. For now, the 50_SMA(Daily) remains critical. A confirmed breakdown could increase the probability of a move below the psychological $80,000 level. Can buyers defend the 50_SMA(Daily), or will Bitcoin break below $80,000? If you found this analysis useful, follow for more. #BTC Price Analysis#