Weekly Bitcoin Price Forecast: Will BTC Reclaim $80K or Throw Towards $70K? Bitcoin price dropped to around $77K after missing the $80K support, testing a significant demand area that previously supported its advance in September. The 4-hour chart indicates a breakdown below key support levels, with the next demand area between $74.9k and $76.3k; Failure to hold in this area could lead to further declines. Chain data shows that recent holders are nearing break-even around $76K–$76.5K, making this level critical for market sentiment, while higher realized prices for long-term holders may provide further resistance.