Bitcoin Threatens Sub-$84,000 Breakdown as Long Liquidations Spike

Bitcoin Threatens Sub-$84,000 Breakdown as Long Liquidations Spike

Bitcoin (BTC) was rejected near $87,000 on Wednesday as onchain data showed negative spot demand. Key points: Bitcoin suffered a correction below $84,000 around Wednesday’s Wall Street open, causing $280 million in long liquidations over the course of four hours. Analysis saw $82,000 as key support to hold in the event of a further breakdown. […]

Bitcoin Threatens Sub-$84,000 Breakdown as Long Liquidations Spike - Invest In Crypto News

Bitcoin (BTC) was rejected near $87,000 on Wednesday as onchain data showed negative spot demand. Key points: Bitcoin suffered a correction below $84,000 around Wednesday’s Wall Street open, causing $280 million in long liquidations over the course of four hours.Analysis saw $82,000 as key support to hold in the event of a further breakdown.Bitcoin cumulative spot demand remained negative on a rolling 30-day time frame BTC price falls toward $84…

Bitcoin Price Plunges Below $84K as Rally Snaps

Bitcoin’s rally abruptly ended as its price dropped below $84,000, reaching an intraday low of $83,508 shortly after failing to hold above $87,000. Rejection at Key Resistance Bitcoin’s latest rally snapped Wednesday as the cryptocurrency dipped below $84,000 for the first time since Monday. The reversal came just hours after it breached $87,000 for the […]

Bitcoin Falls Below $84,000 After $438M in Long Liquidations

Bitcoin falls below $84,000 as long liquidations hit $438M, while traders prepare for nearly $18B in BTC and ETH options expiry.

Bitcoin long liquidations hit $280M as BTC price dips under $84K

Bitcoin long liquidations mounted as BTC/USD briefly traded below $84,000, while analysis flagged key support to hold.