<ul><li>Bitcoin price hovers on a crucial edge, signaling potential for a breakdown or rebound.</li><li>Bitcoin is currently trending below key moving averages, suggesting weakness in the market.</li><li>Accumulation/Distribution Line (ADL) indicates distribution outweighing accumulation, with more BTC being sold than bought.</li><li>Bitcoin's nearest support lies at around $80,000, a crucial zone for market sentiment and potential rebound.</li></ul>

Bitcoin Price Dips Below Major Averages—Crash or Recovery Ahead?

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