$BTC is facing intense volatility, dipping to $80K today as sellers dominate the market.

The price is struggling to hold key support at $80,500, with a potential drop to $79,000 if selling pressure continues.

The 50-day EMA is acting as resistance at $82,300, making it a crucial level for bulls to reclaim.

RSI is trending lower, indicating weakening momentum, while MACD is showing bearish divergence.

If BTC breaks below $79K, the next major support lies at $77,500.

However, a bounce above $82,300 could push Bitcoin toward $85K again.

With low trading volume and uncertainty around macroeconomic conditions, Bitcoin remains at risk of further downside.

We will need to watch these levels closely and adjust positions accordingly.

Will bulls defend $80K, or is another leg down coming?

You decide…