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Bitcoin rebounds to $80,300 but remains below key moving averages
Bitcoin recovered toward $80,300 on Monday after slipping below the $80,000 level. The Binance four‑hour BTC/USDT chart showed the price at $80,303.61, up from a recent low near $79,200. Despite the rise, Bitcoin stayed below the nine‑period moving average around $80,585 and the 21‑period average near $81,152. The Relative Strength Index read about 42, indicating bearish momentum but staying above the oversold threshold of 30. Analysts noted that a move above $80,600 could signal improvement, while a break below $79,400 might expose lower support.