
Bitcoin Stalls at $84K as $80M Long Liquidation Wave Hits
- —Bitcoin holds near $84,000 after sliding from $87,000
- —BTC long liquidations topped $80 million of $110 million total
- —Crypto market saw $332 million liquidated, two-thirds longs
- —BTC is up over 6% month-to-date, market cap steady at $1.69 trillion
Why it matters: Two straight days of long liquidations highlight fragile trader positioning; holding $80K–82K support will decide whether BTC targets $86K or breaks lower.
Source: Bitcoin.com