Markets· ★★★· bearish·

Bitcoin at $81,149 After Losing $81,250 Support: $80,000 and $87,200 in Focus

  • —BTC fell to $80,188 and trades near $81,149, below the $81,250 monthly midpoint
  • —CoinGlass shows $10.24 million in orders at $80,000 and $10.48 million at $78,000
  • —$86,074 is the level needed to open the path to $87,200
  • —September PPI data is due on October 15
Why it matters: The loss of $81,250 turned former support into resistance, leaving BTC's next move dependent on PPI: a liquidity sweep below $80,000 or a rebound toward $87,200.
Source: Coin Edition