Bitcoin: Reclaims $81,000 With $104M Shorts Liquidated
Bitcoin reclaims $81,000 as $104 million shorts liquidated in 12 hours, with BTC at $79683.64 showing bullish EMA structure amid Bollinger resistance.
SourceAnalysis
Bitcoin reclaims $81,000 as $104 Million shorts liquidated in 12 hours.
Price sits at $79683.64 above the EMA50 support at $76651.03 and EMA200 at $69618.82, confirming the bullish trend structure while testing upper Bollinger resistance near $80489.27. The MACD death cross at 764.73 signals fading momentum even as RSI holds neutral at 58.91, pointing to a likely pullback toward the 50-EMA before any fresh advance in BTC price prediction models. Traders watching BTC liquidation data note the move aligns with recent volatility compression inside the bands rather than a crypto market crash scenario.
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