Bitcoin (BTC) continues to trade in red, reaching a low of $88,200 during Tuesday’s early Europen trading session and hitting the lowest level since mid-November after falling 4.89% the previous day.
Bitcoin price falls below $90,000 on Tuesday after dropping 4.89% the previous day. The total liquidations are $1.34 billion, with 367,500 traders wiped out in the past 24 hours. After its recent exchange compromise, Bybit loses around $2 billion in BTC from reserves. Bitcoin continues to trade in red, reaching a low of $88,200 during Tuesday’s early Europen trading session and hitting the lowest level since mid-November after falling 4.89% the previous day.
But this again just highlights the importance of truly decentralized self-custodial services and wallets to store digital assets.” Bitcoin Price Forecast: BTC heading toward $85,000 mark Bitcoin price broke out of its prolonged consolidation phase on Monday, slipping below the $94,000 support level and closing at $91,552 after a 4.89% decline. At the time of writing on Tuesday, it continues to trade down by 2.45% at $89,300.
Cryptocurrencies Technical Analysis Bybit Liquidity
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