Bitcoin Surpasses $82,000, Triggering $750 Million in Liquidations
Bitcoin (BTC) broke through the $82,000 resistance level, briefly reaching $86,000. According to CoinGlass, the surge triggered approximately $750 million in short liquidations. Open interest in Bitcoin futures has increased by $2 billion since the breakout, signaling continued leverage accumulation. Analysts are eyeing $90,000 and $92,000 as the next psychological levels, though some warn that the rally could be leverage-driven and vulnerable to reversals if spot and ETF demand do not sustain the momentum.