Bitcoin drops to $80,347 but rebounds to $82,580
- —Bitcoin fell to $80,347, Ethereum dropped below $2,450
- —Market cap shrank by $200 billion in 48 hours
- —Long liquidations reached $1.4 billion
- —Traders eye $83,000 as the key level
Why it matters: The rebound from the reversal zone flushed out excess leverage; reclaiming $83,000 would restore the bullish case, while a rejection keeps bears in control.
Source: Cryptocurrency.tech