Bitcoin tests $79.6K–79.8K support as $80.6K supply wall caps rebound
- —Weekly point of control sits near $80,600, the key resistance for any rebound
- —Dense support has formed in the $79,600–79,800 range
- —Weekly range is $79,200–83,000, with price below the key POC
- —Down 36.65% from the $126,038 peak, but up 406% from the $15,770 cycle low
Why it matters: Holding weekly support will decide whether the rebound extends or bitcoin slides below $79K.
Source: TokenPost