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Bitcoin Leverage Shrinks: Long Liquidations Drop To $1.2B As Traders Turn Cautious

  • Bitcoin price remains resilient above $81,000, defending important psychological and technical level.
  • Weekly volume of long position liquidations in Bitcoin has decreased from $2.2 billion to $1.2 billion, indicating traders' cautious approach.
  • Bitcoin stabilizes amid global economic uncertainty and ongoing geopolitical tensions.
  • BTC faces short-term resistance at 4-hour 200 moving average near $83,500 before potential push toward $85K-$87K range.

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