๐จ BITCOIN FALLS FOR A FOURTH CONSECUTIVE DAY: IS A NEW OPPORTUNITY APPROACHING?
๐ Bitcoin remains under pressure and today touched approximately $81,755, its lowest level in nearly three weeks. It is currently trading around $82,000โ$83,000.
The pullback comes amid a strong jump in oil prices, higher yields on U.S. government bonds, and a strengthened dollarโfactors that are reducing appetite for risk assets.
โ ๏ธ In addition, liquidations of leveraged positions have increased selling pressure.
๐ The $80,000 zone could become the next key level if BTC continues to fall.
๐ฅ Are we looking at a simple correction before another bullish move, or could Bitcoin lose the $80K?
$BTC
#bitcoin #BTC #crypto #Binance #BitcoinNews
๐ Bitcoin remains under pressure and today touched approximately $81,755, its lowest level in nearly three weeks. It is currently trading around $82,000โ$83,000.
The pullback comes amid a strong jump in oil prices, higher yields on U.S. government bonds, and a strengthened dollarโfactors that are reducing appetite for risk assets.
โ ๏ธ In addition, liquidations of leveraged positions have increased selling pressure.
๐ The $80,000 zone could become the next key level if BTC continues to fall.
๐ฅ Are we looking at a simple correction before another bullish move, or could Bitcoin lose the $80K?
$BTC
#bitcoin #BTC #crypto #Binance #BitcoinNews