$BTC

1. Technical Analysis:

• Support and Resistance: Identify strong support levels (is 80k an important support zone?). If this level is broken, the price may drop further.

• Trading Volume: If the price drops but the volume is low, it may be a temporary correction. If the volume is high, there is strong selling pressure and the price may continue to decline.

• Technical Indicators: Use RSI, MACD, or other indicators to see if BTC is oversold.

2. Fundamental Analysis:

• Market News: Is there any negative (or positive) news recently affecting BTC prices?

• Global Financial Markets: Interest rates, monetary policy, or major events can have a strong impact on Bitcoin.

3. Market Sentiment:

• If the general sentiment is fear, the price may continue to decline. If greed increases, the price may recover.

4. Reference Scenarios:

• If BTC holds the 80k level, there is a possibility that the price could bounce up to 100k, but support from trading volume and market sentiment is needed.

• If the 80k level is broken, the price may continue to decrease to lower levels such as 75k or 70k.