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Crypto

Bitcoin Surges to $81,000 as Crypto Liquidations Reach $300 Million

Guavy AI Editorial Team
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BTC
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Bitcoin has surged above $81,000 in price, while total levered crypto liquidations reached nearly $300 million in just four hours.

The current price of $80,900.53 sits within a bullish trend, with the EMA50 at $77,482.39 and EMA200 at $74,748.95 serving as layered support for the asset.

The MACD indicator is currently at 590.95, confirming the continuation of the golden cross, but the RSI(14) at 78.58 signals overbought conditions, indicating that a healthy retracement to the 50-EMA support seems probable before further continuation.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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