BTC Comes Under Bearish Pressure After Massive Liquidation of $81M Longs

Bitcoin (BTC) came under renewed selling pressure following a cascade of long liquidations and a key technical ￰0￱ testing resistance at the $115,600 pivot point, BTC failed to hold momentum, triggering a sequence of automated sell orders that pushed the price ￰1￱ narratives are just as important as technical levels—when fear dominates headlines, perception often accelerates market ￰2￱ like Outset PR specialize in helping crypto businesses navigate such volatile environments by shaping stories that sustain visibility, manage sentiment, and highlight product-market alignment even during ￰3￱ Breakdown: A Bearish Signal), a move that signaled to many technical traders that bullish momentum was ￰4￱ 14-day RSI cooled to 56.96, retreating from overbought conditions and highlighting a loss of buying ￰5￱ rejection: $115,600 proved too strong a barrier.

Support: The next critical level lies at the 38.2% Fibonacci retracement ($114,270). Risk: A sustained close below this zone could extend losses toward the $111,000 mark. Invalidation: Only a reclaim of $115,600 would nullify the bearish setup and restore bullish ￰6￱ short, the market structure has shifted toward caution, with traders closely watching whether BTC can defend support or spiral ￰7￱ Cascade: $81M in Longs Wiped Out The technical rejection coincided with a wave of over $81 million in long BTC positions liquidated within 24 ￰8￱ move was part of a larger market-wide shakeout that erased $680 million in leveraged positions across crypto ￰9￱ selling amplified downside volatility, creating a self-reinforcing loop as liquidations triggered further ￰10￱ the flush, open interest rose 4.14%, suggesting that traders are quickly rotating into short positions or hedging against additional downside ￰11￱ dynamic highlights how leverage remains a double-edged sword for Bitcoin: fueling rallies when sentiment is strong, but intensifying drawdowns when confidence ￰12￱ Prices: Why Narrative and Visibility Matter Events like Bitcoin’s $81M liquidation cascade show how quickly sentiment can turn in crypto ￰13￱ projects and businesses, this volatility poses a challenge: how to keep their story visible, relevant, and aligned with growth goals even when market fear ￰14￱ is where Outset PR delivers an ￰15￱ agencies that rely on mass-blast outreach and generic packages, Outset PR provides data-driven, handcrafted campaigns designed to fit each client’s stage and ￰16￱ proprietary traffic acquisition technology fuses editorial placements with SEO and lead-generation tactics, driving multiples more traffic than conventional PR.

Example: Outset PR helped ChangeNOW achieve a 40% sustained boost in reach by amplifying polished organic coverage with a large-scale Google Discover campaign. Example: For Step App, careful media targeting based on traffic analytics increased engagement in the ￰17￱ ￰18￱ consistently tracking media trends, domain visibility, and audience shifts, Outset PR ensures clients don’t just get coverage—they gain impactful visibility that moves the ￰19￱ to Watch Next Support at $114,270: If this level fails, the path toward $111,000 becomes more ￰20￱ of $115,600: A decisive move back above this pivot would shift momentum back to the ￰21￱ buildup: Rising open interest in a falling market suggests short positioning, which could either deepen the selloff or set up conditions for a short squeeze if sentiment ￰22￱ Line Bitcoin’s rejection at $115,600 and the subsequent $81 million liquidation of long positions highlight the fragility of short-term ￰23￱ technicals pointing to cooling strength and forced selling amplifying volatility, BTC risks further losses unless it reclaims key ￰24￱ crypto projects, the lesson is clear: when markets are turbulent, narrative visibility becomes just as important as technical ￰25￱ Outset PR’s tailored strategies, proprietary traffic systems, and data-backed media selection, businesses can ensure their story not only withstands market volatility but stands out in ￰26￱ can find more information about Outset PR here: Website: ￰27￱ Telegram: ￰28￱ X: ￰29￱ Disclaimer: This article is provided for informational purposes ￰30￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.