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Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000

Photo: CryptoSlate

Bitcoin registered an intraday low of $81,514.28 on Oct. 14 as September CPI came in hotter than forecast, with headline inflation at 3.7% year over year against 3.6% expected and core at 2.6% against 2.5%. Glassnode's latest on-chain data suggests a calmer holder base than the price action. The harder test sits near $80,000, where… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Source: CryptoSlate

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