Bitcoin price briefly dropped to $80,000 before bouncing back to $82,520 after another round of liquidations totaling $619 million. The crash has led to a bearish reversal and a triangle breakdown, possibly indicating a retest of the $75,000 support level. Technical indicators show a potential retest of the broken trendline, with the possibility of short-term consolidation and a bullish recovery. However, if BTC reverses after retesting the support trendline, a bearish continuation could occur with a potential price target of $75,533. The market's fear levels, as indicated by the Crypto Fear and Greed Index, are compared to the COVID-19 crash and the 2022 market bottom, but historical trends suggest a potential V-shaped reversal and recovery. Global M2 liquidity, which has risen to $107.741 trillion, is also supporting the chances of a bullish recovery in Bitcoin. In the short term, bears dominate the trend, but historical trends and increasing liquidity suggest a potential mid-term recovery.



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