Price Prediction
Bitcoin Risks Dropping Below $79K
Bitcoin fell toward $81,736 after reaching $84,800, reversing above October’s second-week high near $84,400. This exposes the cryptocurrency to potential downside risks below $79,000. The Binance six-hour BTC/USDT chart places the previous week’s resistance between $84,000 and $84,400, a zone buyers briefly cleared before prices retreated below $83,700. Glassnode’s analysis adds context, identifying renewed bids around $80,000 but also a liquidation cluster near $79,600, leaving both levels important if selling intensifies.