Yigit Taha OZTURK 
Following the major downturn recently experienced in the cryptocurrency markets, Bitcoin (BTC) is attempting to stabilize once again. On the daily chart, the price appears to be finding strong support around the 80,800$ level. This area has previously been tested multiple times and has acted as a significant demand zone where buyers tend to step in.
From a technical perspective, holding above 80,800$ could be a critical factor in shaping short-term price action. As long as this support remains intact, there is potential for a rebound towards higher resistance zones. However, if 80,800$ fails to hold, the next potential support levels to monitor are around 78,500$ and 76,200$.
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In the coming days, particular attention will be on the macroeconomic data releases scheduled for Wednesday, along with statements from central bank officials. These events are likely to increase market volatility and play a role in determining Bitcoin’s next direction.
For now, 80,800$ serves as a key technical level. Whether buyers can maintain control at this point may signal the short-term trend for Bitcoin. Traders and investors are advised to monitor support and resistance areas closely in the days ahead.
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