BTC isn’t falling for just one reason.
The bigger pressure right now is coming from the macro market. Oil jumped above $100 as Middle East tensions increased, while U.S. Treasury yields pushed to multi-year highs. That’s making investors more cautious with risky assets like Bitcoin. Spot crypto ETFs are also seeing outflows, adding more selling pressure.
Then leverage made the move worse. More than $700M in crypto positions were liquidated over the past 24 hours, with longs taking a major hit. BTC has now slipped toward the $81K area, so if buyers fail to defend this zone, another leg down is possible. For now, I’d watch $81K–$82K closely rather than blindly buying the dip.
The bigger pressure right now is coming from the macro market. Oil jumped above $100 as Middle East tensions increased, while U.S. Treasury yields pushed to multi-year highs. That’s making investors more cautious with risky assets like Bitcoin. Spot crypto ETFs are also seeing outflows, adding more selling pressure.
Then leverage made the move worse. More than $700M in crypto positions were liquidated over the past 24 hours, with longs taking a major hit. BTC has now slipped toward the $81K area, so if buyers fail to defend this zone, another leg down is possible. For now, I’d watch $81K–$82K closely rather than blindly buying the dip.