⚠️ Bitcoin Drops Below $80,000 – $1B in Liquidations

🩸 Bitcoin fell below the $80,000 mark on Sunday, triggering nearly $1 billion in liquidations. The drop came amid rising inflation concerns and overall weakness in global financial markets.

🔽 Roughly $885 million of the liquidations were from long positions, with over 321,000 traders liquidated in a single day. The broader crypto market saw a 2.45% decline, while Bitcoin still dominates with 62% market share.

📉 Meanwhile, the announcement of Trump-era tariffs wiped out $8.2 trillion from the stock market, surpassing losses seen in the worst week of the 2008 financial crisis.

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🚨 Bitcoin Liquidation Alert: Massive Short Squeeze Incoming

Bitcoin's liquidation map reveals a staggering $3 billion in short liquidations set to trigger at $95,000, potentially fueling an explosive rally. The current price sits at $86,255, with cumulative short liquidation leverage (green) increasing steadily. If $BTC continues its upward trajectory, an intense short squeeze could be on the horizon, forcing liquidations and accelerating price movement past key resistance zones.

The chart shows high liquidation clusters between $85,000 and $90,000, indicating a significant liquidity pocket that could be exploited by market movers. With Binance, OKX, and Bybit contributing to heavy liquidation volumes, traders should prepare for heightened volatility. If BTC surpasses $90,000, an aggressive move toward $95,000+ seems likely as leveraged shorts get wiped out, leading to a potential parabolic extension.
#bitcoin #BitcoinLiquidation #Liquidation #BTC