Markets· ★★★★· bearish·

Bitcoin Erases October Gains: $81,300 Emerges as Critical Level

  • —BTC hit an intraday low of $82,734, its weakest since Sept. 28
  • —24-hour liquidations reached $693 million, with $637 million in longs
  • —Open interest held steady as traders built fresh short positions
  • —Bitfinex sees a $81,300–$86,500 range into the Oct. 14 CPI print
Why it matters: Holding $81,300 will decide whether late shorts get trapped or selling pressure deepens.
Source: Bitcoin.com