Recent shifts in market dynamics have pushed Bitcoin to face increased selling pressure, with the cryptocurrency briefly dipping below $81,500. This downturn is being fueled by potential technical signals and increasing investor caution, particularly as global liquidity tightening and US economic data become prominent influences. analyses point towards a ‘Death Cross’ formation on charts, indicating an elevated risk of a downward trend. The psychological threshold of $80,000 remains a notable focal point for investors, as they seek to understand the trajectory of the price. Meanwhile, the cryptocurrency market continues to experience high uncertainty in directional movements. Technical and economic factors continue to shape the dynamic. 2,400 BTC (Bitcoin) was sold by miners last week, generating $220 million in movement, further fueling potential downward pressure. US inflation data released recently fueled expectations of a slow pace of interest rate cuts by the Federal Reserve, while declining S&P 500 futures reflect decreased risk appetite towards risky assets, further highlighting the market’s instability.