Bitcoin Price Hits $83K as Shorts Suffer $45M in Wipeouts
Key Takeaways Bitcoin briefly surged to $83,250 on Oct. 20 after recovering from volatile swings below $81,200. Data shows short sellers bore about 60% ($45.7 million) of total single-day bitcoin liquidations. Analysts warn a drop below $79,821 could push bitcoin to $77,600 before the Oct. 28 FOMC meeting. Volatile Intraday Bitcoin Swings In a repeat…
