{"id":145449,"date":"2026-09-21T20:47:59","date_gmt":"2026-09-21T20:47:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=145449"},"modified":"2026-09-21T20:47:59","modified_gmt":"2026-09-21T20:47:59","slug":"massive-1-billion-in-liquidations-as-bitcoin-taps-87k-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=145449","title":{"rendered":"Massive $1 Billion in Liquidations as Bitcoin Taps $87K: What\u2019s Next?"},"content":{"rendered":"
\n

Bitcoin\u2019s price is closing in on $87,000 following an explosive rally, which triggered over $1 billion in liquidations across the crypto derivatives market.<\/p>\n

The cryptocurrency reached an intraday high at exactly $87,000 (at the time of this writing), with its total market cap climbing toward $1.8 trillion.<\/p>\n

\"BTCUSD_2026-09-21_23-25-14\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

The move extends Bitcoin\u2019s impressive recovery from approximately $75,000 last week and has pushed it to its highest price since January.<\/p>\n

Shorts Get Crushed as BTC Rallies Higher<\/h2>\n

The sharp move caught leveraged traders positioned for further downside.<\/p>\n

Data from CoinGlass shows that roughly $1 billion worth of positions were liquidated, of which $900 million were short. More than 139,000 traders saw their positions force-closed, with the single largest liquidation happening on Hyperliquid, which carried a face value of slightly over $20 million.<\/p>\n

This massive imbalance suggests that forced short closures provided additional momentum as BTC cleared several resistance levels in quick succession \u2013 an avalanche-like event, if you will.<\/p>\n

This is called a short squeeze or a liquidation cascade.<\/p>\n

What Happens Next for Bitcoin?<\/h2>\n

Attention is now quickly shifting toward the $88,000 area and beyond toward $90K.<\/p>\n

As\u00a0CryptoPotato\u00a0<\/em>recently reported<\/a>, the popular analyst Doctor Profit highlighted Bitcoin\u2019s reclaim of its 50-week moving average, currently near $78,700, as a very important development from a technical price point. The analyst identified $88K as the next potential target.<\/p>\n

Some other analysis places a major bearish block at around this level. Therefore, a sustained break above $88K could bring $90K and even $95K into focus, while the region around $80K and $82K has now turned into an important support zone.<\/p>\n

The post Massive $1 Billion in Liquidations as Bitcoin Taps $87K: What\u2019s Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price is closing in on $87,000 following an explosive rally, which triggered over $1 billion in liquidations across the crypto derivatives market. The cryptocurrency reached an intraday high at exactly $87,000 (at the time of this writing), with its total market cap climbing toward $1.8 trillion. Source: TradingView The move extends Bitcoin\u2019s impressive recovery […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-145449","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/145449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=145449"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/145449\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}