Bitcoin’s drop below $80,000 has further weakened its technical outlook. Particularly, holding below the 50-day moving average near $81,800 and the presence of strong selling zones between $85,000 and $87,500 suggest that a meaningful upward recovery won’t be easy. 👉 Interestingly, on October 29, $17 million flowed into Bitcoin ETFs, while over $105 million exited Ethereum ETFs—indicating diverging demand even among institutional investors. I expect Bitcoin to first reclaim $80,000, followed by a volume-backed rebound. It’s still too early to declare a bull trend based solely on a short-term rally. 🙏 #btc