Market News / Story
Bitcoin Price Under Pressure After $1.03B Profit-Taking: Can Bulls Defend $80,700?
Coinpedia ·
Coinpedia reports: The Bitcoin price is facing renewed selling pressure after a sharp wave of profit-selling and long liquidations hit the market. Alongside the record ETF outflows, realized profits have added more upside pressure on the token. As a result, the levels have currently dropped to $82,542 after marking the local lows at $80,393. This sell-off has again brought the $80,700 support back in focus. The key question now is whether this is a short-term flush or the start of a deeper…