【$BTC Bitcoin falls below $84,000; $550 million in long positions liquidated in 24 hours】Bitcoin briefly dropped to $83,560 during the day, down about 2.3% in two hours, before recovering to around $84,000. CoinGlass data shows that liquidations of crypto long positions across the market totaled $550 million. Notably, before the plunge, four wallets shorted 148.49 BTC on Hyperliquid using USDC with 40x leverage. The good news is that the price held support at the 21-day moving average of $83,850. Analysts say a daily close above $86,700 is needed to confirm that the uptrend is continuing. (Source: X)#Bitcoin #BTC