Bitcoin is holding near $83K today, October 10, 2026, after dipping toward $80K earlier this week. Price is stuck in a tight range.
That is consolidation. Buyers and sellers are roughly matched for now.
Exactly one year ago, on October 10, 2025, the market saw its biggest single-day liquidation on record. More than $19 billion in leveraged positions were force-closed. About 87% were longs.
Bitcoin fell from around $122,000 into the low $106,000 area in hours.
Over 1.6 million accounts got liquidated. The trigger was a sudden 100% tariff announcement on Chinese imports.
Bitcoin had hit its ATH only four days earlier, near $126,000. A year later it is still roughly one-third below that level.
This week’s dip came with over $1 billion in new liquidations, mostly longs again. After that, price stabilized instead of breaking lower or reversing hard.
A quiet range after big liquidations does not show the next move by itself.
Spot Bitcoin ETFs have seen net outflows of several hundred million dollars recently. Borrowed exposure has not disappeared. The anniversary mainly shows how fast crowded long positions can reverse when an external shock hits and liquidity thins out.
$BTC
#BTC Price Analysis# #CMC Quest: Earn Rewards#
That is consolidation. Buyers and sellers are roughly matched for now.
Exactly one year ago, on October 10, 2025, the market saw its biggest single-day liquidation on record. More than $19 billion in leveraged positions were force-closed. About 87% were longs.
Bitcoin fell from around $122,000 into the low $106,000 area in hours.
Over 1.6 million accounts got liquidated. The trigger was a sudden 100% tariff announcement on Chinese imports.
Bitcoin had hit its ATH only four days earlier, near $126,000. A year later it is still roughly one-third below that level.
This week’s dip came with over $1 billion in new liquidations, mostly longs again. After that, price stabilized instead of breaking lower or reversing hard.
A quiet range after big liquidations does not show the next move by itself.
Spot Bitcoin ETFs have seen net outflows of several hundred million dollars recently. Borrowed exposure has not disappeared. The anniversary mainly shows how fast crowded long positions can reverse when an external shock hits and liquidity thins out.
$BTC
#BTC Price Analysis# #CMC Quest: Earn Rewards#