{"id":11677,"date":"2026-05-14T05:00:29","date_gmt":"2026-05-14T05:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-dips-further-below-80k-bears-tighten-grip-on-market\/"},"modified":"2026-05-14T05:00:29","modified_gmt":"2026-05-14T05:00:29","slug":"bitcoin-price-dips-further-below-80k-bears-tighten-grip-on-market","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-dips-further-below-80k-bears-tighten-grip-on-market\/","title":{"rendered":"Bitcoin Price Dips Further Below $80K\u2014Bears Tighten Grip On Market"},"content":{"rendered":"<p><em>Bitcoin price started a fresh decline below the $80,500 zone. BTC is consolidating and might struggle to stay above the $78,800 support.<\/em><\/p>\n<ul>\n<li>Bitcoin failed to stay above $80,500 and extended losses.<\/li>\n<li>The price is trading below $80,000 and the 100 hourly simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $80,700 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might extend losses if it stays below the $80,500 and $81,200 levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Further<\/h2>\n<p>Bitcoin price failed to stay above the $80,500 support zone. BTC remained in a bearish zone and extended losses below the $80,000 level. There was a move below the $79,500 level.<\/p>\n<p>The price even dipped below $79,000. A low was formed at $78,720 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $81,250 swing high to the $78,720 low.<\/p>\n<p>Bitcoin is now trading below $80,500 and the 100 hourly simple moving average. If the price remains stable above $79,000, it could attempt a fresh increase. Immediate resistance is near the $80,000 level or the 50% Fib retracement level of the downward move from the $81,250 swing high to the $78,720 low.<\/p>\n<p>The first key resistance is near the $80,500 level. There is also a bearish trend line forming with resistance at $80,700 on the hourly chart of the BTC\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-896225\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Bitcoin_70e3b3.png?resize=1024%2C512\" alt=\"Bitcoin Price\" width=\"1024\" height=\"512\" \/><\/p>\n<p>A close above the $80,700 resistance might send the price further higher. In the stated case, the price could rise and test the $81,200 resistance. Any more gains might send the price toward the $82,000 level. The next barrier for the bulls could be $82,500.<\/p>\n<h2>Downside Extension In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $80,500 resistance zone, it could start another decline. Immediate support is near the $79,200 level.<\/p>\n<p>The first major support is near the $78,800 level. The next support is now near the $78,000 zone. Any more losses might send the price toward the $76,200 support in the near term. The main support now sits at $75,500, below which BTC might struggle to recover in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $79,200, followed by $78,800.<\/p>\n<p>Major Resistance Levels \u2013 $80,000 and $80,700.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price started a fresh decline below the $80,500 zone. BTC is consolidating and might struggle to stay above the $78,800 support. Bitcoin failed to stay above $80,500 and extended losses. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $80,700&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11678,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-11677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=11677"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/11678"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=11677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=11677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=11677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}