Bitcoin Struggles to Reclaim $80,000 as Supply Absorption Comes Into Focus

Bitcoin has yet to re-establish $80,000 as a firm support level, according to analysis cited by Cointelegraph. The market’s central question is whether available supply can be absorbed while the cryptocurrency remains below that threshold. The analysis also noted that all investor cohorts had returned to net profitability. That combination leaves supply absorption as a key issue for Bitcoin’s price structure, even as the asset struggles to reclaim the $80,000 mark. The comments were reported by Cointelegraph on August 26, 2026, with Bitcoin identified as the relevant crypto asset.