From TokenPost · · 40s
Bitcoin Recovers to $84,000 as Liquidation Levels Draw Focus
Bitcoin rebounds to $84,000 amid liquidation clusters and $26.34m in short positions.
In brief
Bitcoin rebounds to $84,000 amid liquidation clusters and $26.34m in short positions. Bitcoin recovered to $84,044 after falling to $80,393, with $26.34 million in liquidations from short positions. Originally reported by TokenPost.
Bitcoin recovers to $84,000
Bitcoin closed the week near $83,773 after falling to $80,393, quoted at $84,044 at 3:30 a.m. ET Oct. 12.
Liquidation clusters at $80,000-$82,500
Estimated short-liquidity zones between $86,000 and $88,000 with long-liquidity clusters around $80,000 to $82,500.
$26.34m in short liquidations
Bitcoin liquidations totaled $26.34 million, with short positions accounting for 93.3% of the total.
The takeaway
Bitcoin recovered to $84,044 after falling to $80,393, with $26.34 million in liquidations from short positions.
