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Why Was Bitcoin’s Price Rejected at $80K Today (Again)?

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Why Was Bitcoin’s Price Rejected at $80K Today (Again)?

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin faced a sharp pullback after approaching the $80,000 level, dropping about 2.5% over a few hours to fall below $78,000. According to Darkfost’s analysis, the move south occurred without a clear news catalyst, with selling pressure concentrated instead in the derivatives market. On Binance alone, roughly $1.2 billion in sell volume hit order books within a single hour, triggering the reversal. The findings reveal that across all exchanges, total selling pressure reached approximately $1.35 billion during the same period, and Binance was the main venue for initiating derivatives trades. The decline comes

Source: https://cryptopotato.com/why-was-bitcoins-price-rejected-at-80k-today-again/

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