Bitcoin is back above $81K đ
$BTC jumped around 6% as US bond yields moved higher amid renewed oil-supply concerns. At the same time, nearly $250M in crypto short positions were liquidated within four hours.
Now, all eyes are on the $82K level. A break above it could become an important test for Bitcoinâs next move, while $80.5K also remains a key level because of corporate treasury cost basis.
Bitcoin has also reclaimed its True Market Mean near $76.66K, adding another interesting signal to the current price action.
Can $BTC break $82K this time? đ
#bitcoin #crypto #BTC #CryptoMarket #MarketUpdate
$BTC jumped around 6% as US bond yields moved higher amid renewed oil-supply concerns. At the same time, nearly $250M in crypto short positions were liquidated within four hours.
Now, all eyes are on the $82K level. A break above it could become an important test for Bitcoinâs next move, while $80.5K also remains a key level because of corporate treasury cost basis.
Bitcoin has also reclaimed its True Market Mean near $76.66K, adding another interesting signal to the current price action.
Can $BTC break $82K this time? đ
#bitcoin #crypto #BTC #CryptoMarket #MarketUpdate
