Bitcoin price slips below $81,500: could losing $80,000 trigger a bigger crash?
Bitcoin
Bitcoin is trading below $81,500 on Tuesday, losing 1.3% of its value over the last 24 hours as its recovery struggled to gain momentum. The cryptocurrency had briefly rebounded after falling below $80,000, but buyers have yet to clear overhead resistance. That leaves BTC consolidating between a psychologically important support level and a resistance zone near 84,000–84,714. The latest bounce demonstrates buying interest around recent lows. However, maintaining that support and breaking resistance are separate tests, with broader economic conditions likely to influence both. Rising oil prices complicate the inflation outlook Brent crude climbed to $111.32 a barrel, its highest level in five months, amid geopolitical tensions and uncertainty over interest rates.
BTC
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