Bitcoin's price has been falling rapidly, causing concern among investors. However, there is hope as the 200-day moving average is currently providing support near the $80K level. If this support is broken, a drop to the $74K level is likely. The 4-hour chart shows a more positive picture with a bounce from the $80K level and bullish divergence in the RSI. However, for the trend to turn bullish again, the price needs to rise above the $87K high. The futures market sentiment is currently negative, indicating sellers are in control. But this could also indicate a potential short-liquidation cascade that pushes the price higher. The next few days are critical for Bitcoin's future.



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