Bitcoin tests $80K as crypto liquidations hit $550M – Will BTC’s support level hold?
· price · Sentiment: bearish
Bitcoin tested the $80,000 level as a broad crypto sell-off triggered roughly $550 million in liquidations, intensifying pressure on near-term support. The key question is whether buyers can defend this level; a sustained break lower could invite further selling, while a hold may stabilize price. Liquidation figures reflect forced positions across crypto markets, not Bitcoin alone.