Bitcoin's $86,000 "life and death line": $666 million liquidation storm imminent
Bitcoin is currently at a critical price point, with the $86,000 support level facing a severe test of $666 million in long liquidations. If this level is broken, it could trigger a chain reaction, pushing prices down to the $83,000 region.
The bulls and bears are engaged in a heated battle. On-chain liquidation data shows that $86,000 has become the most important technical defense line recently. If the price falls below this level, the cumulative long liquidation on major exchanges will reach $666 million; conve
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