$BTC - Bitcoin drops into the 77,000 USDT range after losing the 80,000 USDT support level.
Price slipped below 80,000 USDT, now hovering around 77,000 USDT.
Chart shows a major daily demand zone forming near the current level.
On‑chain metrics indicate the price is nearing the average cost basis of recent holders.
The proximity to the demand zone and holder cost basis could spark short‑term buying interest, yet a breach may open further downside risk.
#Bitcoin #BTC
Price slipped below 80,000 USDT, now hovering around 77,000 USDT.
Chart shows a major daily demand zone forming near the current level.
On‑chain metrics indicate the price is nearing the average cost basis of recent holders.
The proximity to the demand zone and holder cost basis could spark short‑term buying interest, yet a breach may open further downside risk.
#Bitcoin #BTC
