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Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk

The post Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes. The S&P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded. Bitunix analysts see a tug-of-war ahead, with a potential $78,000 breakdown triggering liquidations. Liquidation Volume Re…

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Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk

Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday as global markets appeared to shrug off the latest skirmishes between the U.S. military and Iran’s Islamic […]

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