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Bitcoin Price Clings to $81K as Sellers Circle Critical Support

News.Bitcoin.com
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Bitcoin Price Clings to $81K as Sellers Circle Critical Support

Bitcoin’s price is caught in an increasingly uncomfortable position, trading near $81,392 on Tuesday, Oct. 20, as short-term selling pressure clashes with a longer-term technical structure that has yet to surrender its bullish foundations. With the cryptocurrency slipping toward the bottom of its $81,155 to $82,667 intraday range, technical indicators favoring sellers and Bitfire Research […]

Key Takeaways

  1. Bitcoin’s price is caught in an increasingly uncomfortable position, trading near $81,392 on Tuesday, Oct.
  2. 20, as short-term selling pressure clashes with a longer-term technical structure that has yet to surrender its bullish foundations.
  3. With the cryptocurrency slipping toward the bottom of its $81,155 to $82,667 intraday range, technical indicators favoring sellers and Bitfire Research […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.