The latest headlines surrounding President Trump’s pick for Jerome Powell’s replacement have intensified risk-off sentiment across global markets. This developmentThe latest headlines surrounding President Trump’s pick for Jerome Powell’s replacement have intensified risk-off sentiment across global markets. This development

Bitcoin Price Prediction: How Deep Could BTC Fall if $80K Support Breaks?

The latest headlines surrounding President Trump’s pick for Jerome Powell’s replacement have intensified risk-off sentiment across global markets. This development has weighed heavily on equities and risk assets, with crypto reacting swiftly as liquidity conditions tighten and volatility rises.

Against this backdrop, Bitcoin has experienced a decisive technical breakdown, shifting focus toward key demand zones

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, BTC has confirmed a bearish breakout below the flag structure, signaling a continuation of the broader bearish move rather than a temporary pullback. This breakdown invalidated the prior consolidation phase and opened the door for accelerated downside momentum.

The asset is now directly confronting the major psychological demand zone at $80K, as highlighted on the chart. This area represents a critical buyers’ base that previously acted as a springboard for impulsive upside moves. The market’s reaction here is crucial.

Holding this zone could trigger a relief bounce or short-term stabilization, whereas a clean loss would expose lower-liquidity pockets and shift the medium-term bias decisively bearish. The macro uncertainty driven by Fed leadership concerns further increases the probability of volatility expansion around this level, making this demand zone a key decision point.

BTC/USDT 4-Hour Chart

Zooming into the 4-hour chart, the structure becomes more tactical. Following the sharp breakdown, Bitcoin is now showing early signs of exhaustion, suggesting the possibility of a short-term pullback.

From a market-structure perspective, the last supply zone overhead at the $88K crucial zone stands out as the most likely magnet for any corrective move. This area previously acted as a distribution before the impulsive sell-off and is expected to attract sellers on a retest.

A pullback into this supply zone would be technically healthy, allowing the market to rebalance before deciding on continuation or reversal. Failure to reclaim it would reinforce bearish control, while acceptance above it would be the first signal of structural recovery.

On-Chain Analysis

On the on-chain side, the Realized Price – UTXO Age Bands reveal an important shift in behavior. Longer-term holders remain relatively stable, while shorter-term cohorts show signs of stress as the price trades closer to their realized levels.

Notably, the compression between mid-term realized prices and the asset breaking below the 12-18 month cohort’s realized price suggests that Bitcoin is approaching an area where historical accumulation tends to emerge, particularly if macro fear peaks. While this does not guarantee an immediate bottom, it does support the idea that downside from here may become increasingly reactive rather than trend-driven.

Combined with heightened macro uncertainty, this on-chain positioning reinforces the importance of the current demand zone as a potential pivot area for the next major move.

The post Bitcoin Price Prediction: How Deep Could BTC Fall if $80K Support Breaks? appeared first on CryptoPotato.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Witness Bitcoin’s Dramatic Plunge in A Volatile Crypto Market

Witness Bitcoin’s Dramatic Plunge in A Volatile Crypto Market

The new Fed chairman and geopolitical risks affect cryptocurrency outlook. Bitcoin fails to maintain key levels, hitting lowest since October 2023. Continue
Share
Coinstats2026/02/01 03:04
Smart Money Accumulates SUI as Weekly Chart Signals Expansion Phase Ahead

Smart Money Accumulates SUI as Weekly Chart Signals Expansion Phase Ahead

TLDR: SUI preserves its long-term ascending channel, signaling macro strength despite deep corrective phases  Sell-side liquidity sweeps near trendline support
Share
Blockonomi2026/02/01 03:25