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Bitcoin Price Sinks to $79,146 as Liquidations Rock Weekend Trading

Bitcoin Price Sinks to $79,146 as Liquidations Rock Weekend Trading
AI summary

Bitcoin fell below $80,000 on Saturday, touching roughly $79,146, its lowest level in over a month. The move forced leveraged traders to absorb hundreds of millions of dollars in liquidations during thin weekend trading. A break of the $80,000 floor matters to traders because it can trigger further forced selling and test whether that level becomes resistance.

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