📉 Current Price & Market Action
$BTC has slid sharply from its late-2025 highs, trading in the $75k–$80k range after heavy liquidation events and broader risk-off sentiment in global markets. Large position liquidations recently hit ~$2.5 billion, driving downward pressure. �
Reuters
After dipping below $75,000 support, BTC showed modest recovery and stabilization near ~$78,800, indicating buyers defending lower levels. �
The Economic Times
📊 Market Sentiment & Drivers
Macro trends like a strengthening U.S. dollar and tighter monetary policy have weighed on BTC’s bullish recovery potential. �
CoinDesk
Despite short-term weakness, long-term proponents like Tom Lee and Dan Morehead remain confident in Bitcoin’s outlook relative to traditional stores of value over a multiyear horizon. �
CoinDesk
📈 Technical Outlook
The near-term trend remains bearish to neutral, with key support levels in focus and resistance found around recent trading ranges. Breakouts above key levels could signal renewed momentum, but failure to hold support might extend the correction phase. �
Tapbit Exchange
💡 Outlook Summary
Short-term: price swings and volatility will likely persist as markets digest macro forces.
Medium-term: key zones like $70k lower support and resistance near prior ranges will be critical.
Long-term: analysts still see wide ranges of possibilities—from deeper corrections to renewed bull cycles driven by institutional flows and adoption. �
