Analyst: Bitcoin faces resistance again at $82,000, short-term holders are still selling on every rebound
Analyst Axel Adler Jr posted on the X platform that Bitcoin was rejected again at $82,000, marking the third failure at this level. The short-term holder SOPR indicator has still not managed to stay above 1, indicating that short-term holders continue to sell during each rebound. Currently, crude oil is close to $106, the Dow Jones Industrial Average has dropped by 537 points, and interest rates face the risk of remaining high for a long time.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Explanation for Bitcoin's Stagnation at $80,000

Bitcoinjs-lib Patches Two Bugs Affecting Miner Fee Calculations

Super League Purchases 4 BTC at Approximately $80,581

How Far Can AI Stocks Rebound? Key Factors: Financing and Profitability

Datavault AI Discloses $150 Million Bitcoin Withdrawal Blocked, Shares Drop 49.6%

唐华斑竹: Agent Economy Identity and Reputation Infrastructure

Brazilian Companies Turn to Stablecoins During Election to Avoid Currency Crash Risks

X100 governance flaws trigger $6M loss due to a flash loan

Bitplanet adds overseas executives to board, changes meeting date

Mr&强 Predicts Bitcoin Will Rebound Short-Term Before Testing Lows

Spiral: Weak Demand, Not Technology, Limits BTC Payments

Core Enters New Decentralized Phase, Early Contributors Exit DAO

U.S. spot Bitcoin ETF Q3 holdings filings increase 12%, top 50 firms pending

Bitcoin ETF Sees $203 Million Net Outflow in October

Polymarket reforms Bitcoin contracts and Binance trading spikes immediately drop

Sam Price Claims Bitcoin Hash Rate Rises to 1 ZH

Strive Adds 6,182 Bitcoin as Holdings Reach 43,000 BTC

Sam Price Discusses the Impact of Federal Reserve Decisions on the Market

Stacks Founder: Quantum Concerns Have Limited Bitcoin Growth, Calls for Quantum Upgrade Before 2028

Bitcoin Mines 482nd Rare Satoshi

Controversial AI Data Centers in France: The Map of 'Computing Factories', and Bitcoin Still on the Sidelines

Prospects for Expanding Investment in Digital Assets Instead of AI Stocks

Sam Price Predicts Bear Market is Over, Focus on Key Price

Cathie Wood Buys Circle Shares and Sells Bitcoin ETF

Missouri Man Pleads Guilty to Bitcoin Kidnapping Conspiracy

Electrum 4.8.3 Fixes Vulnerability Inducing Signing of Fraudulent Transactions

Iran-linked Bitcoin activity fell about 80%, then rebounded during the blackout

Simulation of 10,000 Bitcoin Scenarios Predicts Price Could Reach $1 Million by 2033

A $3M Hedge, a Midterm Test and Retail's Rise: Prediction Markets at NEXTPredict







