Bitcoin Price Risks $72.5K Drop as Three-Week Selloff Deepens

Key Insights Bitcoin price recorded three consecutive weekly declines as sellers challenged $80,000 support. Ted identified over $80 million in reported bids between $78,000 and $79,000. Ali Martinez outlined a potential decline toward $72,500, while $82,000 remained nearby resistance. Bitcoin price struggled near $80,000 on Monday, Oct. 26, following three consecutive weekly losses. Selling pressure persisted despite renewed buying activity around the psychological support level. Analysts identified competing liquidity concentrations near $79,000 and $82,000. Meanwhile, Glassnode reported weakening spot demand as traders prepared for the Federal Reserve’s interest rate decision.