Bitcoin Under $80K: Key Floor Test Ahead of High-Stakes Fed Week

Bitcoin (BTC) fell below the psychologically critical $80,000 mark for the second time in 48 hours. After dropping to $79,300 on Saturday, October 24, BTC briefly touched $79,400 during early European trading hours before recovering to sit near $80,000, according to CoinGecko data. The weekend sell-off triggered nearly $400 million in long positions within hours. Traders are now assessing whether the rebound signals a recovery or a temporary bounce ahead of a week packed with central bank decisions, economic releases and major technology earnings.