Bitcoin retests $82,000, liquidating $20 million in leveraged shorts
- —Short liquidations totaled $20 million as BTC retested $82,000
- —October liquidations topped $1 billion at points, 80–90% from longs
- —Bitcoin futures open interest fell to around $52.7 billion
- —Key support sits at $81,000–82,000, with the next line near $80,100
Why it matters: The short squeeze signals a shift in positioning; a clean break below $81,000 would put $80,100 in play, while an end to ETF outflows would remove a key source of pressure.
Source: Crypto Briefing