Bitcoin Price Plunges From $82K as $78,000 Becomes the Line

Bitcoin slid from about $82,000 to near $78,000, with $78,000 emerging as a key intraday support/resistance line. The drop reflects short-term selling pressure and profit-taking after the recent high, compressing volatility and testing buyer conviction. If $78,000 holds, Bitcoin is likely to consolidate; a decisive break below that line could prompt further downside as stop-losses and liquidations intensify. The immediate implication is elevated near-term risk hinging on whether $78,000 can be defended.