Bitcoin still looks strong above $80K, but momentum has slowed a bit after the rejection from $82.8K. For now, price is consolidating rather than breaking down.

The key level remains $80.7K, which is Monday high. You can clearly see this acting as 4H support right now, with buyers continuing to defend it.

As long as BTC holds above $80.7K, the bullish structure remains intact and there’s still a solid chance for continuation toward the $84K to $85K area we’ve been watching.

If we start getting 4H closes below $80.7K, then a move back toward the $79K to $78K region becomes likely before the week closes out.

For now, the trend is still up, but this support level is the one deciding whether continuation or a deeper pullback comes next.