#BitcoinFallsBelow80K

Bitcoin has slipped below the key 80K level after facing strong rejection near its recent weekly high of 82,000 dollars reached on May 6, 2026.
What is driving the move?
Rising geopolitical tensions including US and Iran escalations triggering global risk-off sentiment
Heavy profit-taking after BTC printed a 37 percent rebound from its April lows near 67,900 dollars
More than 90 million dollars in long liquidations within 24 hours as price broke below 80,000 dollars
Technical rejection at the 200-day EMA zone around 81,800 dollars with price now trading near 79,340 dollars
Despite the pullback, several bullish signals remain intact:
Spot Bitcoin ETF inflows reached 1.05 billion dollars this week, the strongest weekly intake since January 2026
Exchange reserves continue declining toward 7-year lows of 2.21 million BTC
Long-term holders controlling 78.3 percent of circulating supply are still accumulating
Key levels to watch right now:
Resistance sits between 81,800 dollars and 85,200 dollars
Support holds between 75,000 dollars and 78,500 dollars with the weekly open at 76,960 dollars as the key floor
The market is entering a decisive phase. BTC opened this week at 76,960 dollars, ran to 82,000 dollars, and is now giving back those gains near 79,340 dollars. Reclaiming 80,000 dollars with volume could restore bullish momentum. Losing the 78,500 dollar support zone may trigger a deeper retest toward 75,000 to 76,000 dollars.
Stay disciplined. Volatility is part of the game.

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