Bitcoin Price Prediction: BTC Slips Below $85K As Silver Collapse
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Bitcoin price drops 1.49% to $82,853 amid a $543 million liquidation event in crypto markets, largely driven by a 35% decline in tokenized silver. Spot outflows reached $76.41 million as key support levels were broken, indicating potential further declines towards $78,000.
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- Bitcoin falls 1.49 percent to $82,853 as a $543 million liquidation wave sweeps crypto markets, with tokenized silver leading at $142M.
- Spot outflows reach $76.41 million on January 31 as the ascending trendline from December breaks decisively.
- Recovery requires reclaiming $88,586, while a close below $81,000 opens downside toward the $78,000 demand zone.
Bitcoin price today trades near $82,853 after breaking below the ascending trendline that has supported the 2026 rally. The move comes as a rare cross-asset liquidation event swept through crypto markets, triggered by a 35 percent collapse in silver prices that forced $142 million in tokenized metals positions to unwind before spilling into BTC and ETH.
Silver Crash Creates Unusual Liquidation Hierarchy
The past 24 hours produced a rare event in crypto markets. Tokenized silver futures led liquidations at $142 …
Read The Full Article Bitcoin Price Prediction: BTC Slips Below $85K As Silver Collapse On Coin Edition.
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Coins
$ 63.96K
+2.13%
$ 1.79K
+3.24%
$ 0.00177
$ 1.79K
+3.49%Predictions Markets
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In This News
Coins
$ 63.96K
+2.13%$ 1.79K
+3.24%$ 0.00177
$ 1.79K
+3.49%Predictions Markets
See what traders are focused on
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