đ„ Bitcoin Briefly Cracked $84K â $188M in Shorts Got Wiped
Hereâs what happened on October 21:
đ BTC high: ~$84,739
đ„ Total liquidations: $243 million (24h)
đ» Short liquidations: $188.14 million (77%)
đ„ Traders liquidated: Over 71,000
Bitcoin alone accounted for ~$78.4 million in liquidations â almost all of them shorts.
The move forced a classic short squeeze after BTC had dipped toward the $82,200â$82,600 zone earlier.
Current Situation:
After the spike, price pulled back and is now trading in the $82,600 â $83,000 range.
The $84,000 â $85,000 zone is still acting as strong resistance.
Leverage remains high in the market. When price moves fast, liquidations cascade quickly â both ways.
What do you think â will $84K break cleanly next time, or will it continue to reject?
Drop your view below đ
$BTC
$ETH
#Bitcoin #BTCâ #cryptouniverseofficial o #Liquidations #ShortSqueeze
Hereâs what happened on October 21:
đ BTC high: ~$84,739
đ„ Total liquidations: $243 million (24h)
đ» Short liquidations: $188.14 million (77%)
đ„ Traders liquidated: Over 71,000
Bitcoin alone accounted for ~$78.4 million in liquidations â almost all of them shorts.
The move forced a classic short squeeze after BTC had dipped toward the $82,200â$82,600 zone earlier.
Current Situation:
After the spike, price pulled back and is now trading in the $82,600 â $83,000 range.
The $84,000 â $85,000 zone is still acting as strong resistance.
Leverage remains high in the market. When price moves fast, liquidations cascade quickly â both ways.
What do you think â will $84K break cleanly next time, or will it continue to reject?
Drop your view below đ
$BTC
$ETH
#Bitcoin #BTCâ #cryptouniverseofficial o #Liquidations #ShortSqueeze