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The current Bitcoin price is around 80,400. There is clear support in the 80,000 area. After the price touched today’s low at approximately 80,286, it stabilized and rebounded, and it is currently trading in a range above the moving averages. It has been drifting downward in a fluctuating manner from the high of 81,457. This indicates that short-term bearish momentum was stronger earlier in the trading session, and the current rebound is a sideways correction after the decline.