Bitcoin price slipped back below $80,000 after reaching a multi-month high above $81,200, as overbought conditions and resistance near its previous range high prompted traders to take profits.
Summary
- Bitcoin price retreated toward $79,250 after its advance stalled above $81,200.
- The daily RSI reached 82.44, placing BTC deep inside overbought territory.
- Strong 4-hour trend readings show that the wider breakout structure remains intact.
- Liquidation data places key liquidity clusters near $78,000 and between $81,000 and $82,000.
Bitcoin price cools after testing $81,200
According to data from crypto.news, Bitcoin (BTC) price traded near $79,250 on Aug. 25 after…
