#BTCBelow80K

Bitcoin's current price is $77,105.99, down 6.82% from its open price of $82,749.99. This decline is part of a broader trend influenced by macroeconomic factors, including trade tensions and potential recession fears ¹.

*Key Support Levels:*

- *First Support:* $78,500

- *Second Support:* $69,344

- *Third Support:* $60,000 (biyearly support)

- *Next Support:* $70,000-$72,000 zone if $77,000-$78,000 support is lost

*Market Analysis:*

- The current market sentiment is bearish, with traders pulling out and momentum favoring sellers.

- Some analysts predict a drop to $70,000 or even $50,000-$56,000 over the summer due to macroeconomic pressures and shifting investor sentiment.

- Others see this as a buying opportunity, but caution is advised due to market volatility ².

*Recent Price Movement:*

- Bitcoin's price dropped below $80,000, with a 24-hour low of $78,694 and a 24-hour high of $83,817.

- The price is currently stabilizing around $79,000, with a 4.87% daily loss ².

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Staying informed and adapting to market changes is crucial for making informed investment decisions.