đ Bitcoin Slips Toward $81K as Crypto Market Faces Selling Pressure
Bitcoin, Ethereum, XRP$XRP , and$DOGE came under pressure on Monday as investors assessed Federal Reserve Chair Kevin Warshâs remarks and the potential for higher interest rates.
After breaking above $83,000, $BTC
pulled back toward $81,000, triggering renewed concerns across the crypto market. According to Coinglass, over $180 million in crypto positions were liquidated in the past 24 hours, highlighting rising market volatility.
However, the outlook remains mixed. Santiment reports continued accumulation by large Bitcoin holders, potentially supporting a bullish reversal. Meanwhile, Glassnode points to profit-taking and selling pressure from short-term investors.
đ Key Levels to Watch: $81,000 as near-term support and $83,000 as a key recovery level.
đ Market Outlook: Will Bitcoin reclaim $83K and regain bullish momentum, or will selling pressure push prices lower?
#Bitcoin #BTC #Ethereum #XRP #Dogecoin #CryptoMarket #BTCUSDT #CryptoAnalysisđđđđ đ
Bitcoin, Ethereum, XRP$XRP , and$DOGE came under pressure on Monday as investors assessed Federal Reserve Chair Kevin Warshâs remarks and the potential for higher interest rates.
After breaking above $83,000, $BTC
pulled back toward $81,000, triggering renewed concerns across the crypto market. According to Coinglass, over $180 million in crypto positions were liquidated in the past 24 hours, highlighting rising market volatility.
However, the outlook remains mixed. Santiment reports continued accumulation by large Bitcoin holders, potentially supporting a bullish reversal. Meanwhile, Glassnode points to profit-taking and selling pressure from short-term investors.
đ Key Levels to Watch: $81,000 as near-term support and $83,000 as a key recovery level.
đ Market Outlook: Will Bitcoin reclaim $83K and regain bullish momentum, or will selling pressure push prices lower?
#Bitcoin #BTC #Ethereum #XRP #Dogecoin #CryptoMarket #BTCUSDT #CryptoAnalysisđđđđ đ