Bitcoin (BTC) Price Today: Bitcoin Plunges Below $118K as Inflation Jitters and $1B Liquidations Shake Markets

Bitcoin Risks Drop To $92K As $351M In Longs Face Liquidation - The Market Periodical

Key Insights: On the daily chart, Bitcoin has formed a bearish divergence and a strong bearish engulfing candle. This suggests potential downside momentum. A crypto expert shared a post on X, noting that the BTC price may fall to $92,000. This happened as it moved in a higher-high, higher-low pattern. $351 Million worth of BTC long positions are at risk of liquidation. Bitcoin (BTC) appears to be losing control of its upside momentum following …

Bitcoin (BTC) Price Today: Bitcoin Plunges Below $118K as Inflation Jitters and $1B Liquidations Shake Markets

The post Bitcoin (BTC) Price Today: Bitcoin Plunges Below $118K as Inflation Jitters and $1B Liquidations Shake Markets appeared on BitcoinEthereumNews.com. Bitcoin’s sharp drop below $118,000 sent shockwaves through the crypto market on Thursday, as inflation data spooked investors and triggered over $1 billion in leveraged liquidations. The steep decline came after Bitcoin’s recent rally to multi-month highs, raising questions over whether the…

Bitcoin Suddenly Crashes Under $118K as Liquidations Surge Toward $1B

Bitcoin’s price took an unexpected turn for the worse minutes ago as it dumped from over $121,000 to under $118,000. The altcoins have it even worse, with more painful declines that have harmed over-leveraged traders, as the total value of wrecked positions surges toward $1 billion. BTCUSD. Source:...