Bitcoin loses $80,000 and drops to $76,877 after a strong rejection
Bitcoin couldn’t hold the $80,000 threshold after bouncing to $81,455 on August 28. Then its price fell to $76,877 before a slight increase. This rejection occurs while many sell orders remain visible between $80,800 and $83,000. Their presence may hinder a recovery; however, it doesn’t justify either the identity of its holders or their true intention to sell.
Bitcoin fails to keep $80,000 after a bounce to $81,455.
Several liquidity zones surround BTC, with a high concentration below the current price.
Kevin Warsh’s remarks increase pressure without offering quick outlooks for monetary easing.
Liquidations multiply in the crypto market amid higher volatility.
The $75,000–$78,500 and $80,000–$84,000 zones become levels to watch.
Several liquidity zones now surround bitcoin
On the night of August 27, BTC reached $81,000 before giving up all its gains. It first fell below $79,300, and then the correction intensified after Kevin Warsh’s speech at Jackson Hole.
CryptoReviewing published an analysis noting a significant concentration of orders and liquidation levels around the prices. The setup shows four main zones:
Major sell orders between $80,800 and $83,000;
Buy orders concentrated between $78,000 and $79,000;
Around $5.7 billion in estimated liquidity between $75,000 and $78,500;
About $2.8 billion between $81,500 and $84,000.
$BTC
$DOLO
$ORDI
#BTC
Bitcoin couldn’t hold the $80,000 threshold after bouncing to $81,455 on August 28. Then its price fell to $76,877 before a slight increase. This rejection occurs while many sell orders remain visible between $80,800 and $83,000. Their presence may hinder a recovery; however, it doesn’t justify either the identity of its holders or their true intention to sell.
Bitcoin fails to keep $80,000 after a bounce to $81,455.
Several liquidity zones surround BTC, with a high concentration below the current price.
Kevin Warsh’s remarks increase pressure without offering quick outlooks for monetary easing.
Liquidations multiply in the crypto market amid higher volatility.
The $75,000–$78,500 and $80,000–$84,000 zones become levels to watch.
Several liquidity zones now surround bitcoin
On the night of August 27, BTC reached $81,000 before giving up all its gains. It first fell below $79,300, and then the correction intensified after Kevin Warsh’s speech at Jackson Hole.
CryptoReviewing published an analysis noting a significant concentration of orders and liquidation levels around the prices. The setup shows four main zones:
Major sell orders between $80,800 and $83,000;
Buy orders concentrated between $78,000 and $79,000;
Around $5.7 billion in estimated liquidity between $75,000 and $78,500;
About $2.8 billion between $81,500 and $84,000.
$BTC
$DOLO
$ORDI
#BTC
