Bitcoin Approaching Major Liquidation Cluster at $84K
BTC has reclaimed $81K with $2.7B in short liquidations sitting just 4% higher at $84K. Analyst views are split between 'lower first' and 'short squeeze to new highs.'
What we know
BTC reclaimed $81,000 according to Coinbase Markets. A massive $2.7B in leveraged short positions faces liquidation at $84K — just ~4% above current levels — setting up a potential squeeze. Meanwhile, TraderSZ remains cautious, keeping shorts hedged with the bounce and treating the April high as the key pivot; he would only cut shorts and pivot to longs on a confirmed break above his 'blue box' resistance. Long-term bulls continue accumulating: An account on X RTs the view that BTC at $300K+ is inevitable and that the real story is other assets collapsing in sound-money terms. The ETH side saw dramatic pain: Another account on X profiled trader 0xb15b who was liquidated 13 times in 9 days, losing $1.14M across $43.9M in ETH liquidations.
Sources
“JUST IN: Bitcoin reclaims $81,000”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.