๐จ #BTC LONGS TAKE A HIT
$64.3K in BTC long positions has been liquidated at $82,600, showing leverage is getting flushed as Bitcoin battles the lower end of its current range.
BTC is currently holding around the $83K area, with $82Kโ$82.6K emerging as an important nearby support zone. A breakdown could expose deeper downside, while reclaiming $85K would put the recent highs back in focus. ๏ฟฝ
CoinMarketCap +1
๐ Next Move: Hold $82Kโ$82.6K โ possible recovery toward $85Kโ$86K
Lose $82K โ downside pressure could accelerate
โก Watch the $82K level closely โ the next reaction could set BTCโs short-term direction.
#BitgetDetailsSecurityIncidentTimeline #FedProposesPaymentStablecoinRules #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #SKoreaFSCConsidersVirtualAssetMarketMaker #ChinaIndustrialProfitGrowthSlowsFourthMonth
$64.3K in BTC long positions has been liquidated at $82,600, showing leverage is getting flushed as Bitcoin battles the lower end of its current range.
BTC is currently holding around the $83K area, with $82Kโ$82.6K emerging as an important nearby support zone. A breakdown could expose deeper downside, while reclaiming $85K would put the recent highs back in focus. ๏ฟฝ
CoinMarketCap +1
๐ Next Move: Hold $82Kโ$82.6K โ possible recovery toward $85Kโ$86K
Lose $82K โ downside pressure could accelerate
โก Watch the $82K level closely โ the next reaction could set BTCโs short-term direction.
#BitgetDetailsSecurityIncidentTimeline #FedProposesPaymentStablecoinRules #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #SKoreaFSCConsidersVirtualAssetMarketMaker #ChinaIndustrialProfitGrowthSlowsFourthMonth