Bitcoin price chart dipping below $80,000 with profit-taking indicators on a trading desk.
Picha iliyoundwa na AI

Bitcoin dips below $80,000 amid profit taking

Picha iliyoundwa na AI
Kiswahili

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.

Watu wanasema nini

Initial reactions on X highlight profit-taking as the driver behind Bitcoin's brief dip below $80K, with traders expressing caution due to bearish patterns and liquidations, while others note strong ETF inflows as potential support and view the move as an opportunity or ironic amid institutional activity.

Makala yanayohusiana

Illustration of Bitcoin price dropping below $68,000 on a trading floor amid US-Iran tensions, with falling charts and worried traders.
Picha iliyoundwa na AI

Bitcoin drops below $68,000 amid US-Iran tensions

Imeripotiwa na AI Picha iliyoundwa na AI

Bitcoin's price has fallen below $68,000 as escalating US-Iran conflicts drive volatility in cryptocurrency markets. The drop follows a US-Israel attack on Iran and recent statements from leaders on both sides, compounded by weak US jobs data. Other major coins like Ethereum and XRP have also declined.

Bitcoin slips below $80,000 on rising profit taking, data shows largest one-day realization since December

Bitcoin fell briefly below $80,000 before recovering to around $80,360, following a similar dip reported two days earlier. The move appears driven by internal profit-taking rather than macro factors, with on-chain data showing the largest single-day profit realization since late 2025.

Bitcoin stabilizes after defending $60,000 support level

Imeripotiwa na AI

Bitcoin's price has stabilized around $68,000 following a defense of the $60,000 demand region, though it remains within a broader corrective structure. The cryptocurrency trades below key moving averages and a descending resistance trendline, placing it at a critical juncture for potential recovery or continued downtrend. On-chain data indicates a reset in market sentiment, potentially limiting downside risks.

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Bitcoin briefly tops $80,000 before retreating on Iran tensions

Bitcoin price rejects $72,000 resistance, risks drop to $60,000

Bitcoin has encountered strong rejection near the $72,000 resistance level, maintaining its position within a broader trading range and signaling weakened short-term momentum. The loss of key support levels, including the Point of Control, heightens the chances of a decline toward the $60,000 range low. Traders are monitoring whether the range support will hold amid bearish technical indicators.

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