<ul><li>Bitcoin has been consolidating above the crucial $80K support level, going through substantial uncertainty.</li><li>Bitcoin is currently in a critical range, with the potential for a bullish reversal.</li><li>Technical analysis indicates that the $80K support level is crucial for Bitcoin's future trend.</li><li>On-chain analysis suggests that the ongoing correction is more likely a deep consolidation phase rather than the start of a bear market.</li></ul>

Bitcoin Price Analysis: Is BTC About to Plunge Below $80K?

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