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
- 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 […]
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.
More in Web3

Cardano Puts Real-World Usage At The Centre Of New Catalyst Grants
TL;DR: Cardano is highlighting a 12-team Catalyst pilot in which much of the grant funding depends on real adoption rather than merely launching a project. Crypto grant programmes have a familiar problem: it’s easier to count funded ideas than products anyone…

Morning Minute: Nine Blue Chip Companies Say No to Tokenized Stocks
If companies are objecting, does that deflate the tokenized stock hopes before they begin to materialize? And who is impacted the most?

Bitcoin fell 1.3% while Nasdaq-100 lost 5.5% in last week’s tech selloff
Bitcoin lost less than the Nasdaq-100 in last week's tech selloff. Hedge funds cut technology positions at the fastest pace since at least 2016 over the five trading sessions through Oct. 15, according to a report citing Goldman Sachs prime brokerage data.…