Bitcoin price drops below $80,000 as new buyers rush to stock up


The price of Bitcoin fell below $80,000 for the first time since April 2025, however, it still outperformed gold. While BTC fell along with other high-risk assets, the losses were much smaller than those seen in precious metals.

This relative strength has attracted the attention of new market participants. Many investors saw this decline as an opportunity to accumulate Bitcoin at lower levels.

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Bitcoin falls below $80,000, but surpasses gold

Gold faced a strong sell-off over the weekend. Between Thursday and Friday, the precious metal fell by almost 10%. In the same period, Bitcoin fell by about 5.6%. This contrast highlights the changing preferences of investors during market stress.

Although gold is traditionally considered a hedge against inflation, it showed Bitcoin More flexibility in the short term. A smaller pullback indicates support for stronger BTC demand.

Investor behaviors reflect this change, with capital appearing to favor Bitcoin over gold during the recent period of volatility.

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Bitcoin performance against gold
Bitcoin performance against gold. Source: feeling

Data on the chain reinforces this trend. revealed Bitcoin network There has been an increase in the number of new titles in the last 24 hours. About 335,772 new addresses were created, the highest level in two months. This is the largest daily increase since November 2025.

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This jump happened as the price of Bitcoin fell towards $ 81 000. New participants saw this drop as a suitable entry point.

An increase in new titles often indicates expanding adoption and renewed interest. These flows can support demand and price stability during corrections.

New bitcoin addresses
New bitcoin addresses. Source: Glasnoud

The decline in the price of BTC may extend

Bitcoin is trading near $78,000 at the time of writing. Recently, Bitcoin has broken out of an expanding growing wedge. This bearish model predicts a decrease of 12.6%, targeting the area of ​​$75-850.

The selling rate increased after Bitcoin lost the support level at $82,503. This break confirmed a short-term bearish momentum. However, regaining this level can change feelings. The improvement in chain metrics and increased title growth have increased the chances of stability.

Bitcoin Price Analysis.
Bitcoin Price Analysis. Source: TradingView

A stronger recovery requires Bitcoin to recover the $87210 level as support. Accomplishing this will signal a return in buyer confidence and help Bitcoin recover from recent losses. If the downward trend continues, the downside risk remains.

Failure to hold current levels will push Bitcoin towards $78,763. Losing this support could open the door towards $75,895, invalidating the bullish outlook.





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