$659,850,000 in Bitcoin and Crypto Liquidated in 24 Hours As BTC Shatters $84,000

By The Daily Hodl November 12, 2024 In Bitcoin
Source: X / Bluntz

Bitcoin’s parabolic November continues.

The top cryptocurrency just pushed past the $84,000 mark, the latest in a series of all-time highs that has triggered $659.85 million in liquidations in the last 24 hours alone.

That, according to the latest on-chain data from Coinglass.

The move higher has also triggered all-time highs for a list of altcoins including Solana (SOL), which has reached $220 after rising 3.4% in the last day.

Advertisement

The crypto analyst Bluntz tells his 286,000 followers on X that he’s expecting BTC to push to at least $120,000 early next year.

“BTC ended up vertically accumulating for longer than originally anticipated so naturally the expansion should move higher as well.

Forecasting BTC to end up at $130,000-$150,000 at the moment, pending further price action and how much the next few legs extend by.”

Source: X / Bluntz

Bluntz has BTC reaching his target around February of 2025.

The leading crypto asset is priced at $84,156 at time of publishing, up 5.5% in the last 24 hours.

Featured Image: Shutterstock/chanchai howharn/PurpleRender

Published on

The Daily Hodl

View the full article

You may also like