Update
Bitcoin Faces $78K Threat with Sellers Controlling Shorter Time Frames
Bitcoin's price traded near $80,500 on Saturday, October 24, with sellers controlling the shorter time frames despite longer-term technical indicators remaining positive. Exchange aggregation sites recorded a 24-hour low of $80,409, while Bitstamp logs identified support near $80,351 per coin. The technical picture remains bearish beneath $82,000, although oscillators suggest the latest selling pressure has yet to develop into a decisive momentum breakdown.