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Bitcoin Defends $78K Support as Buyers Absorb Heavy Selling Pressure

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin holds above $78,000 despite slight declines and $46.7 million in spot ETF outflows.
  • Liquidations exceeded $221 million over 24 hours.
  • Analysts view the price action as vertical accumulation absorbing selling pressure, expecting potential consolidation before the next upward push toward fresh highs.
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Stored market data

BTCUSD price history

76741.28 +13.77% over the displayed period

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