$BTC
📉 Price & Market Movement
Bitcoin price has been sliding recently, with BTC trading around $81,000–$84,000 — down 5–7% in the last day as part of a broader market sell-off.
The PKR price in Pakistan is roughly ₨23.2M–₨23.4M per BTC, reflecting the global USD decline.
This weakness has triggered significant liquidations (~$1.6–$1.7 B), mostly long positions, as leveraged traders were forced out.
💡 What This Means Now
Short-Term:
BTC is in a corrective phase, facing bearish sentiment and liquidation pressure. Breaking below near-term support could extend the decline.
Medium-Term:
Some analysts mention areas where Bitcoin may stabilize and attract bargain buyers, especially if macro volatility lessens.
Long-Term:
Despite current turbulence, Bitcoin remains dominant with broad adoption and high network usage, though price direction will likely depend on macro confidence and institutional flows.#BTC☀️ #BTC🔥🔥🔥🔥🔥 #BTC70K✈️ #Binance #altcoins