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Latest Update
2026-10-08 09:05 UTC

Bitcoin: $215 Billion Crypto Market Wipeout Hits

Bitcoin: $215 Billion Crypto Market Wipeout Hits

Bitcoin crashes below $81,000 as $215 billion wiped from crypto markets in 48 hours, with $410 million long liquidations amid bearish 4h signals.

Source

Analysis

Bitcoin crashed below $81,000 while Ethereum fell under $2,450 after $215 billion vanished from crypto markets in 48 hours and $410 million in longs liquidated in one hour.

Macro triggers echo past liquidation cascades where leveraged positions amplified downside moves, with traders now scanning BTC price prediction models for the next support zone during this crypto market crash.

Price at $80790.44 tests the lower Bollinger band near $80931.12 on the 4h chart while EMA50 at $84196.43 and EMA200 at $82164.37 cap upside; RSI at 20.71 signals oversold conditions yet MACD death cross at -932.25 keeps the bearish structure intact, pointing to potential exhaustion before any relief bounce.


Bull Theory

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