Bitcoin rejected US$84,000 and forced US$79,060,000 in long positions out

e27 - Oct 23, 2026

The digital asset sector faces heavy selling pressure this week as Bitcoin drops 3.20 per cent to US$81,385.04. This downward movement closely tracks a 3.15 per cent decline in the total cryptocurrency capitalisation, which now sits at US$2.72 trillion. I view this current price action as a complex interplay of internal mechanics and external macro […] The post Bitcoin rejected US$84,000 and forced US$79,060,000 in long positions out appeared first on e27.

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