Bitcoin Dropped to $79,775, Breaking the Previous Week's Low

Bitcoin (BTC) fell to $79,775 last week, below the previous week's $80,400 low, bringing a $78,000 to $80,500 technical support range into focus after its September peak.

The move marked an 8.72% decline from Bitcoin's Sept. 21 high of $87,399. That high followed a rise from $57,820 on July 1. Last week's low fell within the support range, while $84,500 to $85,500 is the first resistance range above it.

The $80,400 level had also figured in Bitcoin's earlier move below $81,000.

Hyperliquid (HYPE) fell to $76.07 last week, down from a Sept. 23 high of $97.98. Its low fell within a $75 to $77 technical support range but stayed above $75.10, the low recorded on Sept. 15. The first resistance range above HYPE's recent low is $80 to $82.

The levels leave two recent lows in focus this week: $79,775 for Bitcoin and $75.10 for HYPE. Last week's trading does not establish that either decline has ended.