$BTC is pulling back again, down around 2.7% in 24 hours as the broader crypto market also moves lower.
This looks more like a market-wide cooldown than a Bitcoin-specific issue. The bigger factor is leverage, with liquidations jumping sharply as long positions get flushed.
For me, $79,688 is the level that matters most now. If BTC can hold there and spot buyers step in, we could see some consolidation.
But losing that support would change the short-term structure and put much lower levels back on the table.
I’m watching liquidation volume and funding rates closely to see when the selling pressure starts to ease.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
This looks more like a market-wide cooldown than a Bitcoin-specific issue. The bigger factor is leverage, with liquidations jumping sharply as long positions get flushed.
For me, $79,688 is the level that matters most now. If BTC can hold there and spot buyers step in, we could see some consolidation.
But losing that support would change the short-term structure and put much lower levels back on the table.
I’m watching liquidation volume and funding rates closely to see when the selling pressure starts to ease.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
