Bitcoin faces resistance at $82,000
Bitcoin has been rejected at the $82,000 mark for the third time as short-term investors continue to sell during recoveries. With the SOPR index below 1.0 and oil prices nearing $106, analysts warn of prolonged pressure and the risk of a liquidation cascade if key support levels are breached.
Bitcoin has been rejected at the $82,000 mark for the third time as short-term investors continue to sell during recoveries. With the SOPR index below 1.0 and oil prices nearing $106, analysts warn of prolonged pressure and the risk of a liquidation cascade if key support levels are breached.