$BTC Bitcoin faces a severe test as the price drops below $80,000, with institutional holders like MicroStrategy experiencing increased unrealized losses. Concerns over liquidity and high leverage positions intensify, ETFs continue to see net outflows, and the failure of narratives leads to a lack of new momentum in the market. Future buyers are uncertain, and risks are heightened.
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$BTC Bitcoin faces a severe test as the price drops below $80,000, with institutional holders like MicroStrategy experiencing increased unrealized losses. Concerns over liquidity and high leverage positions intensify, ETFs continue to see net outflows, and the failure of narratives leads to a lack of new momentum in the market. Future buyers are uncertain, and risks are heightened.