Bitcoin: Crashes Below $80,000 With $200M Liquidations
@BullTheoryio reports Bitcoin crashing below $80,000 and Ethereum below $2,350 with over $200 million in longs liquidated within 15 minutes on October 24, 2026.
SourceAnalysis
Bitcoin crashed below $80,000 while Ethereum dropped under $2,350, triggering more than $200 million in long liquidations in a 15-minute window, according to @BullTheoryio.
Price sits at $80,200 on the 4h chart inside a bearish structure with EMA50 at $82,012 and EMA200 at $82,000 acting as overhead resistance, MACD at -487 confirming the death cross, and RSI at 31.61 leaving room for further downside before oversold conditions; the lower Bollinger band at $79,466 now serves as the immediate volatility target while the upper band at $84,537 remains distant resistance.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.