Bitcoin Analysis: BTC Slipped Below $80,000 Again. Is $77,600 the Next Stop?
14 Articles
14 Articles
Bitcoin Analysis: BTC Slipped Below $80,000 Again. Is $77,600 the Next Stop?
Bitcoin (CRYPTO: BTC) has once again fallen below $80,000, briefly hitting $79,973 before buyers stepped in and pushed it back up to $80,287. This decline followed a sharper drop the day before, when Bitcoin sank to $79,220 on Binance, marking weekly lows at $79,107, its weakest point in over a month. While this drop may […]
Bitcoin Below $80K: $404M in Crypto Longs Liquidated
Bitcoin briefly fell below $80,000 on Saturday as a sharp derivatives unwind erased more than $400 million of leveraged long positions in four hours, with Ether traders absorbing unusually heavy losses relative to the cryptocurrency's market size.Crypto liquidations reached $436.44 million in the four hours to 1 p.m. ET on October 24, with longs accounting for $404.15 million, or roughly 93% of the total, according to CoinGlass data. Bitcoin fel…
Bitcoin Holds $80,000 Amid Trump Iran Strike Warning
Bitcoin traded at $80,546 on Saturday after dipping below $80,000, as President Trump warned of potential US strikes on Iran. Historical data suggests escalation headlines typically trigger 2% to 5% intraday drops. Read the original on Bitcoin Tests $80,000 Support as Trump Warns of Sunday Iran Strike. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Trump says a US strike on Iran could come on Sunday. Bitcoin (BTC) is trading at around $80,617, above the institutional $80,000 cost base.
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