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Bitcoin remains rangebound as $80,000 seen as key pivot

Bitcoin is struggling to find direction between upper resistance and lower support, with $80,000 viewed as a key pivot. Glassnode said the market is caught between strong selling pressure and a thick support line. Resistance is seen near $88,000 and $100,000, while support is underpinned around $78,000 to $81,500. Liquidation clusters around $80,000 and $88,000 could amplify moves. U.S. spot bitcoin ETF flows have turned to outflows after earlier inflows.