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

T2Covered by 1 source · first reported by SEA: e27 / Vulcan Post at 23 Oct, 04:06 UTC

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…