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Bitcoin Price Struggles at $80K, but MEXC CEO Sees Bullish Signals

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin’s price reclaimed the $80,000 level twice on Monday, hovering near $80,100 amid rangebound trading between $79,500 and $80,500. Leveraged long liquidations were approximately $36 million, or 65% of all bitcoin liquidations. Volatile Start to the Week Bitcoin’s price reclaimed $80,000 twice on Monday as the cryptocurrency appeared poised to continue a downward trend that […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bitcoin's price remains range-bound with no clear breakout, causing limited market impact.

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Bitcoin Price Struggles at $80K, but MEXC CEO Sees Bullish Signals — Crypto Insight