Bitcoin fell below $80,000 overnight on October 29 before a partial rebound

A move below $80,000 during the Asian session

Bitcoin crossed below $80,000 in the first hours of October 29, 2026, on Coinbase's BTC-USD market. The platform's hourly data, retrieved in the morning, show a $79,586.17 low between 03:00 and 04:00 Paris time. The price subsequently rose: the candle covering 06:00 to 07:00 closes at $80,115.75. These observations concern completed periods, rather than a guaranteed live quote at the time of reading.

The sequence begins with an $81,249.32 opening price at 01:00 Paris time and an $81,289.72 high during that first hour. Between that opening and the 07:00 close, the decline is approximately 1.4%. This is not a twenty-four-hour change: the chosen window covers only this part of the night. Distinguishing the open, high, low and close describes the movement without turning every intermediate trade into a universal reference price.

A rebound that does not recover all lost ground

The return above $80,000 in the last completed interval in the dataset does not restore the price to the sequence's starting level. It therefore describes a partial rebound after the overnight low. That observation is neither confirmation of a lasting trend nor an announced price target. The round threshold makes the movement easier to read, but does not by itself prove a technical support level or a price where buyers will systematically intervene.

The session follows the Federal Reserve decision published on October 28. The official statement holds the interest-rate range at 3.75–4%, with two members favoring an increase. This chronology supplies a macroeconomic backdrop, without establishing that the announcement caused every Bitcoin transaction. Price data alone identify neither order motives, participants nor the respective roles of economic announcements, leveraged positions and trading specific to each platform.

A market snapshot must retain its time and provenance

The figures come from dollar-denominated trades on Coinbase. They are not an average of all venues, a euro price or an exhaustive measure of global liquidity. Another platform may display slightly different levels during the same interval. The snapshot uses only completed candles to avoid presenting a period still in progress as definitive. Retaining the Europe/Paris time zone, date and trading pair allows the comparison to be reproduced correctly.

The next useful update will need to specify newly observed periods rather than reuse these levels as though they remain current all day. For this session report, the facts are limited and verifiable: a break below the round threshold, an identified low and a partial recovery before 07:00 Paris time. No exchange-traded fund flows, liquidation amounts or large-investor behavior are inferred from these candles alone. Without specific data on those mechanisms, attributing the movement to them would provide an explanation the dataset does not supply.