Traders Expect $80K Retest After Yesterday’s 3% BTC Crash

After rejection at $86K, Bitcoin price is down 3.35% from a high of $86,496. This sudden collapse in Bitcoin (BTC) is due to the short sellers and profit-taking at a key pivot point. While the ride up to $86K was bullish, many crypto traders expect the BTC price to crash down to $80K and some even $65K.