Bitcoin has dropped below the critical support level of $80,600, confirming analysts' predictions of a continued downward trend. The cryptocurrency's recent performance aligns with previous analyses that suggested the rally from $80,600 was a technical correction rather than a sustained upward movement. Last week, Bitcoin's price fell sharply, breaking through multiple support levels and closing below $80,000. Technical analysis indicates that Bitcoin is in a bearish trend, with the C-wave correction targeting further declines. Key support levels are identified between $74,500 and $75,200, with additional support at $69,000 to $72,500. Despite the bearish outlook, analysts note that improving market liquidity and favorable policies may reduce the likelihood of a deep price decline, although the adjustment period could extend. Traders are advised to monitor key resistance levels at $80,000 to $80,600 and support levels at $74,500 to $75,200. Short-term strategies suggest maintaining short positions with careful risk management, as the market remains volatile and prone to further downward movements.