Bitcoin Stuck Near $80,500 as Bears Test Key Support

Bitcoin spent Saturday morning pinned around $80,500 after slipping to an intraday low of $80,409. Sellers have kept the price from climbing back above $80,800, and trading volume has thinned during the latest dips.

The four-hour chart shows a clear pattern of lower highs and lower lows since the pullback from $84,843. Most short-term moving averages have already flipped bearish, while oscillators remain largely neutral and offer no strong reversal signal.

Failure to reclaim $80,800 would leave the psychological $80,000 level exposed. A clean break there could open the door to $79,000 and possibly $78,000, even though longer-term averages still sit above current prices.

Based on information from cryptonews.net