Bitcoin's price is at risk of falling back to $80,000 as the Nasdaq's stalled rebound raises concerns. The cryptocurrency is showing signs of a bearish trend, failing to maintain levels above $94,000. A bearish candle indicates weakening momentum, while the Nasdaq's bearish engulfing pattern and a bearish MACD on the weekly chart suggest potential downside. The MOVE index's inverted hammer points to increased U.S. Treasury volatility. Traders should monitor the $94,000–$95,000 range for a breakout and $80,000 for a potential breakdown.
Bitcoin Faces $80K Risk Amid Nasdaq Rebound Stagnation
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