Bitcoin Surpasses $81,000: Short Position Liquidations and Spot Demand Trigger Rally
Bitcoin, which had fallen to $75,000 levels during the week, rebounded again due to the impact of liquidations in short positions and strengthening spot demand. The cryptocurrency surpassed $81,000, drawing investors' attention.
Analysts note that liquidations in short positions are pushing the price upward. Increased buying in the spot market stands out as another factor supporting the rise.
Alongside Bitcoin, sharp increases were also observed in altcoins. It is stated that risk appetite has increased across the market and a buying trend prevails.
Not investment advice.
📊 BTC — Piyasa Yorumu
▲ up · 65%BTC has risen 4.5% in 24 hours, surpassing $81,000. Although the RSI at 67 is approaching overbought territory, no confirmation yet. MACD has remained below the signal line, which may indicate weakening momentum. Short position liquidations and increased spot demand support upward pressure in the short term. However, $81,000 may act as a resistance zone, caution is advised.
RSI 14
67.0
MACD
813.57
24h Δ
4.54%
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