Bitcoin slips below $81K as Cowen warns of deeper support retest

Bitcoin has fallen below $81,000 before recovering some ground, bringing $80,000 back into focus as Benjamin Cowen warns that a daily close below its 50-day moving average could send prices toward the bull market support band. Summary Bitcoin’s daily low fell below $81,000, with CoinGecko later recording a recovery toward $81,300. Cowen tied his downside warning to a daily close below the 50-day simple moving average. Mr. Wall Street said he has buy orders between $72,000 and $76,000. A Polymarket screenshot showed 3% odds of Bitcoin reaching $130,000 during 2026. CoinGecko showed Bitcoin fell to $80,989 after reaching $84,788 over the past 24 hours. BTC later recovered to $81,305, still down 3.5% on the day. Bitcoin was then around 1.6% above $80,000, while its daily low was just $989 above that level. Ether remained below $2,400 in CoinGecko’s separate snapshot. The provider recorded ETH at $2,380.48, down 4.4% over 24 hours, compared with Bitcoin’s smaller percentage decline. Both prices had recovered from the earlier figures accompanying the initial market update. Bitcoin’s daily close is Cowen’s downside trigger In an Oct. 22 X post, Benjamin Cowen tied his warning to Bitcoin’...