Bitcoin at $81,500 as US Selling Pressure Hits Highest Since July
- —BTC hit an intraday high of $82,700 at 13:30 before retreating about 1.5%
- —Coinbase Bitcoin Premium dropped to its lowest since July as US selling pressure builds
- —ETH +0.65%, XRP -1.60%, SOL -1.07% over 24 hours
- —ZEC +3.11% and NEAR +1.66% led gains among top-20 assets
Why it matters: Declining volatility within a triangle pattern points to an imminent large move; a break below $81,000 would open the door to a deeper correction.
Source: Newsbit