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		<title>Bitcoin at Critical Support: Could a Comeback Come?</title>
		<link>https://coinengineer.net/blog/bitcoin-at-critical-support-could-a-comeback-come/</link>
					<comments>https://coinengineer.net/blog/bitcoin-at-critical-support-could-a-comeback-come/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Mon, 10 Mar 2025 13:00:38 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
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		<category><![CDATA[Bitcoin price movement]]></category>
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		<category><![CDATA[support resistance levels]]></category>
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					<description><![CDATA[<p>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</p>
<p>The post <a href="https://coinengineer.net/blog/bitcoin-at-critical-support-could-a-comeback-come/">Bitcoin at Critical Support: Could a Comeback Come?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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										<content:encoded><![CDATA[<p data-start="408" data-end="767">Following the major downturn recently experienced in the cryptocurrency markets, <strong data-start="489" data-end="506">Bitcoin (BTC)</strong> is attempting to stabilize once again. On the daily chart, the price appears to be finding strong support around the <strong data-start="624" data-end="635">80,800$</strong> level. This area has previously been tested multiple times and has acted as a significant demand zone where buyers tend to step in.</p>
<p data-start="769" data-end="1117">From a technical perspective, holding above <strong data-start="813" data-end="824">80,800$</strong> 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 <strong data-start="1006" data-end="1017">80,800$</strong> fails to hold, the next potential support levels to monitor are around <strong data-start="1089" data-end="1100">78,500$</strong> and <strong data-start="1105" data-end="1116">76,200$</strong>.</p>
<hr />
<p><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<figure id="attachment_150712" aria-describedby="caption-attachment-150712" style="width: 1280px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="wp-image-150712 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/03/bitcoin-2.jpg" alt="bitcoin" width="1280" height="649" /><figcaption id="caption-attachment-150712" class="wp-caption-text"><em>BTCUSDT.P 4-hour chart</em></figcaption></figure>
<p data-start="1119" data-end="1393">In the coming days, particular attention will be on the macroeconomic data releases scheduled for <strong data-start="1217" data-end="1230">Wednesday</strong>, along with statements from central bank officials. These events are likely to increase market volatility and play a role in determining Bitcoin’s next direction.</p>
<p data-start="1395" data-end="1644">For now, <strong data-start="1404" data-end="1415">80,800$</strong> 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.</p>
<hr />
<p data-start="1395" data-end="1644"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/bitcoin-at-critical-support-could-a-comeback-come/">Bitcoin at Critical Support: Could a Comeback Come?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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