Bitcoin briefly fell below $80,000 on Thursday as analysts noted rising profit taking among traders. The move came despite recent technical signals pointing to potential upward momentum.
Bitcoin traded around $80,000 after the dip, with the token up roughly 9 percent over the past 30 days. It remains 36 percent below its October 2025 peak of $126,000. The price closed above its upper Bollinger Band on Wednesday for the second time since mid-January, following the tightest band reading on record.
