Why $81,300 Is Now the Critical Level
Key Takeaways Bitcoin dropped below $83,000, wiping out October gains and sparking $693M in total crypto liquidations. Liquidation of $637M in long bets shifted market positioning toward net short sellers. Bitfinex expects bitcoin to consolidate between $81,300 and $86,500 ahead of the Oct. 14 CPI report. Surrendering Key Support Bitcoin continued to slide Wednesday, dipping…
