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Bitcoin risks return to low $80K zone next as trader says dip 'makes sense'

Cointelegraph
Bitcoin traders are targeting sub-$90,000 levels, with some analysts suggesting a dip toward the low $80,000s is plausible.

Summary

Bitcoin faced renewed downside pressure after rejecting the 2025 yearly open level, leading traders to refocus on lower price targets, potentially below $90,000. Analysis of order books shows thin buy walls above $86,000, suggesting a sweep of downside liquidity around $90,000 would 'make sense' before any reversal. Furthermore, Ichimoku Cloud analysis indicates that if support near $83,900 fails, Bitcoin could see a bigger dip toward the low $80,000 zone next, as current chart conditions suggest a need to 'clean the lows.'

(Source:Cointelegraph)