Bitcoin’s latest rally has hit a snag, slipping back below $80,000 in the last 24 hours — a pullback that gives fresh weight to a new quarterly-chart read that places key levels well under today’s price. What the chart says Crypto analyst Minga, posting the analysis on X, examined Bitcoin on the 3-month (quarterly) candlestick chart and highlighted a clear resistance band between $80,600 and $82,500. That range sits near the upper edge of the current quarterly structure and coincides with the 200-day simple moving average (around $82,500), which BTC briefly tested earlier in the week before buyers failed to sustain a breakout. Why this zone matters According to the analysis, a rejection inside $80,600–$82,500 would signal that this quarter’s price action lacks the conviction needed to push into a fresh price-discovery phase for this cycle. Conversely, if Bitcoin reclaims and closes above that band for the quarter, the resulting quarterly candle would engulf the prior quarterly candle — a development Minga notes hasn’t occurred during a bear market. Key support levels to watch On the downside, the quarterly open near $68,200 is the first major support to monitor — a revisit would put BTC at an important decision point on the broader timeframe. The more critical “line in the sand,” per the analysis, is $65,000: lower-timeframe untapped lows cluster around that area, making it a likely liquidity zone. BTC could either find support there and bounce, or break below and open up deeper downside. Price snapshot At the time of the analysis, Bitcoin was trading around $79,820, down roughly 1.8% in the past 24 hours. Bottom line Traders will be watching whether BTC can clear and hold the $80.6–$82.5k band this quarter — a successful close would strengthen the bullish case, while rejection could steer attention toward $68.2k and the crucial $65k liquidity area.
Bitcoin Stalls Below $80K as Quarterly Resistance Threatens Pullback to $65K
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Summary
Bitcoin has stalled below $80,000, with the resistance level between $80,600 and $82,500 acting as a key ceiling. A failure to break above this resistance level could trigger a market pullback toward the quarterly open near $68,200. Analyst Minga noted the risk of a deeper market pullback to $65,000 if buyers fail to step in. BTC was trading at $79,820, down 1.8% in the past 24 hours.
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