BTC Rejects $81,500 as Whales Build Massive Sell Wall at $81K

Bitcoin briefly rallied to $81,500 before pulling back below $79,300, failing to hold the critical $80,000 support level for the second time in a week. The price slid as markets awaited Federal Reserve Chair Kevin Warsh's inaugural Jackson Hole speech, with whales building a massive sell wall at $81K.