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Bitcoin reaches for $87K as short liquidations top $120M

#BTC

TLDR — Bitcoin buyers broke through a wall of ask liquidity to reach new October BTC price highs near $87,800, with the area immediately above now a new resistance hurdle.

Signal data▼ Bearishconfidence 75%Medium materiality
AssetBTCEventsector-trendEvent timeAttention0 readers/hrNormalSmart readers0

Bitcoin buyers broke through a wall of ask liquidity to reach new October BTC price highs near $87,800, with the area immediately above now a new resistance hurdle.

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