Markets· ★★★· bearish·

Bitcoin slips below $82,000 as sell wall above $83,000 caps gains

  • —BTC fell to $81,678 on Bitstamp after reaching $83,062 earlier in the day
  • —Cross-crypto liquidations totaled $335 million over 24 hours
  • —Nasdaq gained 1.5% while the 10-year Treasury yield hit 5.13%
  • —BTC has closed above its 50-week moving average for five straight weeks
Why it matters: Holding $80,000 decides whether the bull trend survives; a break opens the door to $76,000.
Source: CoinCentral