Mmastodon BusinessCrypto first seen 8 h ago, last 8 h ago, peak #5
Bitcoin traders warn of liquidation flush between $82,850 and $87,400
Original: ⚠️ Vorsicht vor dem Liqui-Flush bei # Bitcoin ! $BTC steckt zwischen $82.850 & $87.400 fest. Bei $86.093 liegt eine $159
Bitcoin is trading sideways between roughly $82,850 and $87,400, and traders are warning of a possible liquidation flush. A large short position of around $159 million sits near $86,093, with short-term bearish market structure pointing to a downside target around $84,100. Traders are debating whether the next move will be a drop or a rebound from this range.
Why now: Bitcoin is stuck in a tight range with a large liquidation cluster nearby, prompting traders to speculate on the next move.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1235762