Analyst: Bitcoin Rejected Again at $82,000, Short-Term Holders Still Selling on Every Rally
2026-05-17 11:01
Odaily Odaily News: Analyst Axel Adler Jr. posted on X platform, stating that Bitcoin has been rejected at $82,000 again, marking the third failure at this level. The short-term holder SOPR indicator has still failed to stay above 1.0, indicating that short-term holders continue to sell during each rally. Currently, crude oil is near $106, the Dow Jones Industrial Average has dropped 537 points, and interest rates face the risk of remaining elevated for a prolonged period.
