Bitcoin slips below $81K as Cowen warns of deeper support retest
BTC when published $81,266Now $80,617 ▼ −0.80% since it was published
Bitcoin has fallen below $81,000 before recovering some ground, bringing $80,000 back into focus as Benjamin Cowen warns that a daily close below its 50-day moving average could send prices toward the bull market support band. Bitcoin’s daily low fell below $81,000, with CoinGecko later recording a recovery toward $81,300. Cowen tied his downside warning to a daily close below the 50-day simple moving average. Mr. Wall Street said he has buy orders between $72,000 and $76,000. A Polymarket screenshot showed 3% odds of Bitcoin reaching $130,000 during 2026. CoinGecko showed Bitcoin fell to $80,989 after reaching $84,788 over the past 24 hours. BTC later recovered to $81,305, still down 3.5% on the day.
First reported by crypto.news. This page is a short excerpt; the full text is theirs.
