Bitcoin is currently trading at $81,800 and is caught between two major liquidity zones. On-chain data suggests that critical support levels are at $79,270 and $69,450, and if these levels are not held, the price could drop significantly. On the resistance side, there is a large amount of Bitcoin held between $84,296 and $86,753, creating a potential "sell wall." The first safety net for support is in the $79,274-$81,731 range, with the next critical level at $69,445 to $71,902. Dropping back to this level would be a setback for Bitcoin's progress. The future of Bitcoin depends on liquidity and whether demand weakens or buyers step in.
Content Editor ( u.today )
- 2025-03-12
Disastrous $69,000 Bitcoin Price May Become Reality: Details
