Latest Update
2026-10-06 18:08 UTC

Bitcoin: $2000 Drop Liquidates $400M Longs

Bitcoin: $2000 Drop Liquidates $400M Longs

Bitcoin drops $2000 in 20 minutes, triggering $400 million in leveraged long liquidations within one hour at $84064.16 amid bearish 4h signals.

Source

Analysis

Bitcoin drops nearly $2000 in 20 minutes, wiping out $400 million in levered longs within one hour at the $84064.16 level.

Price tests lower Bollinger support near $84377.09 while EMA50 at $84920.93 caps upside and EMA200 at $81954.06 offers distant floor; MACD death cross at 110.04 confirms bearish momentum even as RSI(14) at 37.93 stays neutral, pointing to continued pressure on BTC before any relief rally.


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