Bitcoin’s price continues to struggle beneath the critical $85,000 level as market sentiment remains shaky amidst rising sell-off pressures.
Coin Days Destroyed metrics indicate a troubling trend, with short-term holders liquidating nearly 10,000 BTC daily amid ongoing uncertainty.
Currently trading at $83,184, Bitcoin faces a potential downward movement if it fails to reclaim crucial resistance levels, particularly with $82,761 acting as a pivotal support.