{"id":72243,"date":"2026-05-08T19:23:00","date_gmt":"2026-05-08T19:23:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-bulls-defend-79200-as-28-3m-in-long-liquidations-resets-risk\/"},"modified":"2026-05-08T19:23:00","modified_gmt":"2026-05-08T19:23:00","slug":"bitcoin-bulls-defend-79200-as-28-3m-in-long-liquidations-resets-risk","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-bulls-defend-79200-as-28-3m-in-long-liquidations-resets-risk\/","title":{"rendered":"Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The S&amp;P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitunix analysts see a tug-of-war ahead, with a potential $78,000 breakdown triggering liquidations.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2> <span>Liquidation<\/span> <span>Volume<\/span> Recedes Amid Consolidation<\/h2>\n<p> <span>Bitcoin<\/span> traded sideways on Friday as global markets appeared to shrug off the latest skirmishes between the U.S. military and Iran\u2019s Islamic Revolutionary Guard Corps in the Strait of Hormuz. Similarly, the latest <a href=\"https:\/\/tradingeconomics.com\/united-states\/non-farm-payrolls\" target=\"_blank\" rel=\"noopener noreferrer\">data<\/a> showing nonfarm payrolls surging by 115,000 in April failed to give the <span>cryptocurrency<\/span> a boost as it oscillated between $80,200 and $79,200.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>While the stability halted a recent slide that erased gains made at the start of the week, <span>bitcoin<\/span>\u2019s price action over 24 hours meant it was poised to end the workweek marginally higher. Its market capitalization remained <a href=\"https:\/\/news.bitcoin.com\/bitcoin-must-hold-88-88k-to-confirm-a-btc-bottom-analysis\/\">stuck just under $1.6 trillion<\/a>, a nearly 2% increase from seven days ago.<\/p>\n<p>Predictably, the flat price action resulted in a marked decline in leveraged positions liquidated over a 24-hour period. <span>Bitcoin<\/span> alone saw $28.3 million in long bets liquidated in the period, versus $14.5 million in shorts. For context, approximately $91 million in overleveraged long positions were wiped out in the preceding 24 hours, compared with $12 million in shorts. Overall, the <span>crypto<\/span> economy saw $202 million in leveraged positions wiped out, with longs accounting for $103 million.<\/p>\n<p>While the latest kinetic engagement between the U.S. and Iran represented a significant escalation in intensity compared to <a href=\"https:\/\/news.bitcoin.com\/uae-intercepts-missiles-as-bitcoin-surges-past-80k-triggering-270m-liquidations\/\">Monday\u2019s skirmishes<\/a>, its brief duration reinforced the prevailing market narrative: neither side is seeking a full-scale conflict. Investors effectively called the geopolitical bluff, as evidenced by energy markets. Although Brent crude and West Texas Intermediate (WTI) experienced knee-jerk spikes, the premiums evaporated by midday, leaving prices anchored at $101 and $95 per barrel, respectively.<\/p>\n<p>In a striking display of resilience, market anxieties over a full-scale regional conflict have receded, fueling a historic rally that propelled the S&amp;P 500 to a record-breaking close above 7,400. This 17.2% surge since March 30 represents a massive capital influx; according to <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2052788066142605523\" target=\"_blank\" rel=\"noopener noreferrer\">The Kobeissi Letter<\/a>, the index has ballooned by $10 trillion in market capitalization in just 29 trading days.<\/p>\n<p>However, for <span>bitcoin<\/span>, the reversal over the last two days shows a lingering tug-of-war between <span>bearish<\/span> and <span>bullish<\/span> positioning, according to a Bitunix analyst.<\/p>\n<p>\u201cAccording to <a href=\"http:\/\/www.bitcoin.com\/get-started\/understanding-liquidation-on-perp-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidation<\/a> heatmaps, significant <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> is concentrated around the $78,000 zone, meaning a breakdown below this area could trigger further <a href=\"http:\/\/www.bitcoin.com\/get-started\/understanding-liquidation-on-perp-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidation<\/a> pressure. At the same time, dense short <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> remains stacked between $82,000 and $83,000, highlighting that the market is still trapped in a pronounced tug-of-war,\u201d the analyst explained in a recent note.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-bulls-defend-79200-as-28-3m-in-long-liquidations-resets-risk\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes. The S&amp;P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded. Bitunix analysts see a tug-of-war ahead, with a potential $78,000 breakdown triggering liquidations. Liquidation Volume Recedes [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":72244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72243"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72243"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72244"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}