Bitcoin slides toward $73k as liquidations hit longs
Traders describe a crash to around $73,000 with heavy long liquidations and bearish structure. Sentiment is deeply negative, with some de-risking into year end.
What we know
A trader notes one of the largest long liquidation events of the year on the crash to $73,000 (unconfirmed). Another technical analyst says BTC closed below support and may fall further unless 75k is reclaimed. A fund-style trader says they have de-risked and want to crystallize gains, while another cautions bounces may be lower highs.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“we failed to close bull divs & we also closed below support”
View post →“We've derisked quite a bit... I'm worried about what's coming.”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.