{"id":668478,"date":"2024-12-31T23:00:07","date_gmt":"2024-12-31T23:00:07","guid":{"rendered":"https:\/\/wncen.com\/?p=668478"},"modified":"2024-12-31T15:26:39","modified_gmt":"2024-12-31T15:26:39","slug":"market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move","status":"publish","type":"post","link":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/","title":{"rendered":"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move"},"content":{"rendered":"

As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty surrounding the continuation of Bitcoin’s current trend, speculation remains divided on whether the crypto asset is preparing for another upward breakout or entering a phase of correction.<\/p>\n

Recent on-chain data<\/a> suggests that specific metrics, such as the realized price for short-term holders, are providing essential insights into the market’s behavior and potential future direction.<\/p>\n

Related Reading: Bitcoin\u2019s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?<\/a><\/div>\n

Key Support Level Identified at $81,000<\/h2>\n

In an analysis recently uploaded on the CryptoQuant QuickTake platform, an analyst known as Shayan BTC revealed that the realized price metric, particularly for the 1-3 month UTXO (Unspent Transaction Output) age band, serves as a critical indicator for assessing investor sentiment<\/a> among newer market participants.<\/p>\n

This metric represents the average purchase price of Bitcoin for those who acquired the asset within the last one to three months. A sustained price above this level typically signals bullish momentum, suggesting that recent buyers are confident in holding their positions despite prevailing market volatility.<\/p>\n

Conversely, if Bitcoin’s price drops below this level, it may indicate potential selling pressure<\/a> as these short-term holders attempt to limit their losses.<\/p>\n

According to Shayan, the realized price for Bitcoin’s 1-3 month holder cohort currently stands at $81,000. This level is seen as a vital support zone, acting as a “psychological and technical defense” line for both short-term and long-term investors.<\/p>\n

Historically, when Bitcoin’s price remains above this threshold, it indicates a resilient market sentiment where recent buyers demonstrate confidence in the asset’s future price potential<\/a>.<\/p>\n

On the flip side, a price drop below the $81,000 mark could lead to increased selling activity, primarily driven by short-term holders looking to exit their positions to minimize potential losses. Such a scenario would likely add downward pressure to the market, potentially triggering broader sell-offs.<\/p>\n

Bitcoin Market Performance<\/h2>\n

Bitcoin has so far given investors a boring holiday season with its lackluster performance. Particularly ever since the past weeks towards the middle of December, Bitcoin has fallen below the $100,000 price mark and has remained below it with little to no upward movement<\/a>.<\/p>\n

\"Bitcoin
BTC price is moving upwards on the 2-hour chart. Source: BTC\/USDT on TradingView.com<\/figcaption><\/figure>\n

Over the past two weeks, Bitcoin has now dropped by 10.9%.2% as it remains below the $100,000 price mark. \u00a0However, its past day performance<\/a> has been quite interesting. Over this period, BTC has seen a sudden increase of 4% to a current trading price of $95,519, at the time of writing.<\/p>\n

Interestingly, despite this sudden surge, this price mark puts Bitcoin at a roughly 11.9% decrease away from its all-time high of $108,135 registered in the middle of December.<\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty surrounding the continuation of Bitcoin’s current trend, speculation remains divided on whether the crypto asset is preparing for another upward breakout or entering a phase of correction. Recent on-chain data suggests that specific metrics, such as the realized price for short-term holders, are providing essential insights into the market’s behavior and potential future direction. Related Reading: Bitcoin\u2019s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices? Key Support Level Identified at $81,000 In an analysis recently uploaded on the CryptoQuant QuickTake platform, an analyst known as Shayan BTC revealed that the realized price metric, particularly for the 1-3 month UTXO (Unspent Transaction Output) age band, serves as a critical indicator for assessing investor sentiment among newer market participants. This metric represents the average purchase price of Bitcoin for those who acquired the asset within the last one to three months. A sustained price above this level typically signals bullish momentum, suggesting that recent buyers are confident in holding their positions despite prevailing market volatility. Conversely, if Bitcoin’s price drops below this level, it may indicate potential selling pressure as these short-term holders attempt to limit their losses. According to Shayan, the realized price for Bitcoin’s 1-3 month holder cohort currently stands at $81,000. This level is seen as a vital support zone, acting as a “psychological and technical defense” line for both short-term and long-term investors. Historically, when Bitcoin’s price remains above this threshold, it indicates a resilient market sentiment where recent buyers demonstrate confidence in the asset’s future price potential. On the flip side, a price drop below the $81,000 mark could lead to increased selling activity, primarily driven by short-term holders looking to exit their positions to minimize potential losses. Such a scenario would likely add downward pressure to the market, potentially triggering broader sell-offs. Bitcoin Market Performance Bitcoin has so far given investors a boring holiday season with its lackluster performance. Particularly ever since the past weeks towards the middle of December, Bitcoin has fallen below the $100,000 price mark and has remained below it with little to no upward movement. Over the past two weeks, Bitcoin has now dropped by 10.9%.2% as it remains below the $100,000 price mark. \u00a0However, its past day performance has been quite interesting. Over this period, BTC has seen a sudden increase of 4% to a current trading price of $95,519, at the time of writing. Interestingly, despite this sudden surge, this price mark puts Bitcoin at a roughly 11.9% decrease away from its all-time high of $108,135 registered in the middle of December. Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":668481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88240],"tags":[428,629,1119,78790,10923,83531],"class_list":["post-668478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-market","tag-btc","tag-btcusdt","tag-crypto-market","tag-cryptoquant"],"acf":[],"yoast_head":"\nMarket Alert: Bitcoin $81K Support Zone Could Decide Its Next Big Move<\/title>\n<meta name=\"description\" content=\"As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Alert: Bitcoin $81K Support Zone Could Decide Its Next Big Move\" \/>\n<meta property=\"og:description\" content=\"As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-31T23:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-31T15:26:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move\",\"datePublished\":\"2024-12-31T23:00:07+00:00\",\"dateModified\":\"2024-12-31T15:26:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\"},\"wordCount\":486,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024\",\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"BTCUSDT\",\"crypto market\",\"cryptoquant\"],\"articleSection\":[\"Bitcoin News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\",\"url\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\",\"name\":\"Market Alert: Bitcoin $81K Support Zone Could Decide Its Next Big Move\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024\",\"datePublished\":\"2024-12-31T23:00:07+00:00\",\"dateModified\":\"2024-12-31T15:26:39+00:00\",\"description\":\"As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty...\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/wncen.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Market Alert: Bitcoin $81K Support Zone Could Decide Its Next Big Move","description":"As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/","og_locale":"en_US","og_type":"article","og_title":"Market Alert: Bitcoin $81K Support Zone Could Decide Its Next Big Move","og_description":"As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty...","og_url":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-12-31T23:00:07+00:00","article_modified_time":"2024-12-31T15:26:39+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move","datePublished":"2024-12-31T23:00:07+00:00","dateModified":"2024-12-31T15:26:39+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/"},"wordCount":486,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024","keywords":["bitcoin","bitcoin market","btc","BTCUSDT","crypto market","cryptoquant"],"articleSection":["Bitcoin News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/","url":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/","name":"Market Alert: Bitcoin $81K Support Zone Could Decide Its Next Big Move","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024","datePublished":"2024-12-31T23:00:07+00:00","dateModified":"2024-12-31T15:26:39+00:00","description":"As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty...","breadcrumb":{"@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/wncen.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Market Alert: Bitcoin\u2019s $81K Support Zone Could Decide Its Next Big Move","url":"http:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/bitcoin-news\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin market","btc","btcusdt","crypto market","cryptoquant"],"dateCreated":"2024-12-31T23:00:07Z","datePublished":"2024-12-31T23:00:07Z","dateModified":"2024-12-31T23:00:07Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Market Alert: Bitcoin\\u2019s $81K Support Zone Could Decide Its Next Big Move\",\"url\":\"http:\\\/\\\/wncen.com\\\/bitcoin-news\\\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/bitcoin-news\\\/market-alert-bitcoin-81k-support-zone-could-decide-its-next-big-move\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/DALL\\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/DALL\\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"btcusdt\",\"crypto market\",\"cryptoquant\"],\"dateCreated\":\"2024-12-31T23:00:07Z\",\"datePublished\":\"2024-12-31T23:00:07Z\",\"dateModified\":\"2024-12-31T23:00:07Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-31-15.49.23-A-detailed-and-visually-striking-digital-illustration-depicting-Bitcoins-market-at-a-critical-support-zone-of-81K.-The-image-shows-a-large-Bitcoin-s.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/668478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=668478"}],"version-history":[{"count":2,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/668478\/revisions"}],"predecessor-version":[{"id":668487,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/668478\/revisions\/668487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/668481"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=668478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=668478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=668478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}