Bitcoin Price Under Pressure After $1.03B Profit-Taking: Can Bulls Defend $80,700?

The post Bitcoin Price Under Pressure After $1.03B Profit-Taking: Can Bulls Defend $80,700? appeared first on Coinpedia Fintech News

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 …