Bitcoin Slips Below $81K: Oil, the Fed, and a Failed Breakout 📉
Bitcoin fell to about $81,200 on Thursday morning, after dipping as low as roughly $80,900, and is down about 4% over seven days. This follows repeated failures at $87K earlier in the week. (bitcoinmagazine)
What's driving it:
Oil: Rising oil prices have hurt risk assets this year, since they raise the odds of tighter US monetary policy. (bitcoinmagazine)
The Fed: A hawkish Fed statement added to the pressure. (bitcoinmagazine)
Leverage: Liquidations hit $480 million in a single hour as BTC dropped below $81K. Forced selling made the move sharper. (CoinDesk)
Big picture: BTC is still roughly 32% below its October 2025 all-time high of $126,080, so this is a recovery phase, not a new bull run. Some analysts argue it has re-entered a bull market, but the macro backdrop is still unfriendly. (Yahoo Finance) (bitcoinmagazine)
Levels I'm watching:
Support: $80K, the psychological level. A clean break below would open more downside.
Resistance: $87K, which has rejected price several times.
My approach: No catching falling knives. I'm waiting for BTC to stabilize and reclaim $83K before adding risk, and I'm keeping stops in place.
Are you buying this dip or waiting for lower? Let me know below 👇