October 8, 2026, 18:07 UTC
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Bitcoin dropped to around $80,800, breaking below its 20-day average and testing its 50-day moving average. A bearish daily MACD crossover, a deeply oversold 4-hour RSI, and price trading below the lower Bollinger Band suggest weakening momentum, with analysts eyeing $78,000 and $75,000 if nearby support levels fail.
Source: https://whale-alert.io/stories/ccf001dadc3916/Bitcoin-falls-to-80800-as-bearish-momentum-signals-put-78000-support-at-risk
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.
📉 📉 📉
Bitcoin dropped to around $80,800, breaking below its 20-day average and testing its 50-day moving average. A bearish daily MACD crossover, a deeply oversold 4-hour RSI, and price trading below the lower Bollinger Band suggest weakening momentum, with analysts eyeing $78,000 and $75,000 if nearby support levels fail.
Source: https://whale-alert.io/stories/ccf001dadc3916/Bitcoin-falls-to-80800-as-bearish-momentum-signals-put-78000-support-at-risk
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.