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Bitcoin Price Prediction: $200M in Leveraged Liquidations Pushes BTC Under $90K — Can Bitcoin Avoid a Breakdown Below $84K?

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The crypto market is bleeding as leveraged liquidations intensify, sending Bitcoin again under $90,000.

Analysts are warning that if bulls fail to defend the vital $84,000 assist stage, Bitcoin’s price prediction might tilt into a full-blown bear market.

$200M Wiped Out As Crypto Liquidations Trigger Market-Wide Selloff

Over the final 4 hours, greater than $200 million in leveraged positions have been liquidated throughout the crypto market.

Bitcoin is down over 3%, whereas Ethereum has plunged over 4%. The massacre has worn out over $100 billion in whole market capitalization at present.

The carnage follows at present’s large choices expiry occasion, which merchants had been monitoring intently.

A staggering $3.357 billion price of BTC choices with a max ache level at $91,000 expired today, alongside $668 million price of ETH choices with a max ache at $3,050.

Prominent dealer DealerThanos is leaning heavily bearish because the 5-day candle closes under $93,000.

“Maybe we get one other retest of 93k-93.2k. That would align extra completely with my present bias. The subsequent leg down takes us to 76k,” he warned.

Thanos highlighted a vital technical breakdown: “This is the primary time worth is buying and selling underneath these Moving Averages since June/July of 2023,” referring to the 100 EMA and 100 MA on the 5-day timeframe.

If worth stays beneath these transferring averages, he expects a drop to the $72,000-$76,000 vary.

Adding to the bearish sentiment, the chances of Bitcoin hitting $80,000 by year-end have now surpassed 40% on Polymarket.

Bitcoin Price Prediction: Bulls Must Hold $84K or Face $76K

Bitcoin is buying and selling under all main transferring averages on the 4-hour chart, conserving the broader construction tilted bearish.

The 200-MA close to $95,000 stays the important thing resistance that have to be reclaimed to revive bullish momentum, however repeated rejections present sellers aggressively defending that zone.

Immediate assist sits round $84,000, which stabilized the worth over the past flush.

Bitcoin Price Prediction - Bitcoin price chart analysis
Source: TradingView

However, if Bitcoin fails to bounce strongly from this stage, the broader corrective construction might prolong towards deeper assist close to $76,000, the place a extra significant reversal turns into doubtless.

Bitcoin’s path stays biased decrease so long as it stays capped underneath $95,000.

A reclaim of that stage would sign pattern restoration, however till then, indicators level towards continued weak point.

Bitcoin Hyper Presale Surges Past $29M Amid BTC Weakness

As Bitcoin struggles, buyers are turning to Bitcoin Hyper ($HYPER), a mission engaged on bringing pace and affordability to Bitcoin’s blockchain for decentralized functions.

Built on Solana-based structure, Bitcoin Hyper accelerates transaction speeds whereas slashing community charges.

This allows builders to deploy DeFi platforms, meme cash, and fee options that Bitcoin holders can entry with out abandoning the unique blockchain.

The presale has raised over $29 million, with tokens priced at $0.013375 and powerful institutional curiosity driving momentum.

Bitcoin Price Prediction - Bitcoin Hyper Banner

Early buyers can profit from presale pricing on the present $0.013385 worth, with some analyses suggesting potential 10-15X ROI by 2026.

To purchase $HYPER at its discounted presale worth, head to the official Bitcoin Hyper website and hyperlink your pockets, akin to Best Wallet.

Then join a pockets (Best Wallet, MetaMask, or Coinbase Wallet) and choose fee (ETH, USDT, BNB, SOL, or USDC).You may also use a bank card for fast entry.

Visit the Official Bitcoin Hyper Website Here

The submit Bitcoin Price Prediction: $200M in Leveraged Liquidations Pushes BTC Under $90K — Can Bitcoin Avoid a Breakdown Below $84K? appeared first on Cryptonews.

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