Bitcoin price dropped to an intraday low of $82,734, erasing early-month gains. Despite forced long liquidations, open interest remained steady, signaling aggressive new short positioning by traders. Surrendering Key Support Bitcoin continued to slide Wednesday, dipping below $83,000 amid a marketwide pullback that dragged several high-cap altcoins down by 4% or more. The top cryptocurrency’s […]
Source: https://news.bitcoin.com/market-updates/bitcoin-price-erases-october-gains-why-81300-critical-level/