Nigeria, March 13 -- The bitcoin price is still struggling below the crucial $85,000 barrier as the market mood is unstable due to growing sell-off forces.

Days of Coins Disrupted analytics indicate a concerning trend: short-term holders are selling off almost 10,000 BTC per day due to continued uncertainty.

Bitcoin, which is currently trading at $83,184, could move lower if it cannot recover important resistance levels, especially since $82,761 is a critical support.

Constant selling pressure underscores Bitcoin's difficulties, particularly from new market participants looking to sell their holdings.

Increased volatility, decreased demand, and tighter liquidity contribute to this predicament by impeding significant accumulation. With...