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Bitcoin price drops below $84K, ending recent rally and triggering $423M in liquidations.

Market News
23 Sep 2026
Bitcoin
View Source
Bearish
Bitcoin price drops below $84K, ending recent rally and triggering $423M in liquidations.

Bitcoin's price fell below $84,000 after failing to hold above $87,000, reaching an intraday low of $83,508. This sharp decline caused $423 million in long liquidations, pulling the total cryptocurrency market capitalization below $3 trillion. Analyst Rekt Capital noted this price action as a typical post-rejection retest, where Bitcoin revisits lower support levels to confirm them. The key resistance at $87,000 remains unbroken, suggesting continued price oscillation until a clear breakout occurs.

Bitcoin price movements provide context for cryptocurrency markets. For readers following crypto, here is Pluang's market snapshot as of Sep 24, 2026 00:21 WIB: Out of 50 major cryptocurrencies, 9 rose and 40 fell. Notable movers include ONE with a 1-day change of -17.64%, BAL up 11.14%, and EOS rising 8.13%.

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