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Bitcoin (BTCUSD) Tumbles Below Key Support on $1.6B Liquidations Amid Extreme Fear Sentiment

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin plunged below key support at $84,000, hitting $81,000 amid $1.6 billion in liquidations.
  • Analysts predict continued bear market conditions with potential declines to $50,000-$58,000 driven by extreme fear and weak investor sentiment.
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BTCUSD price history

77576.37 +17.75% over the displayed period

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