Bitcoin price hits key resistance near $82K amid $400M crypto liquidations in 24 hours

Bitcoin's price surged 40% from February lows, briefly surpassing $82,000 before falling back near $80,000, triggering over $400 million in liquidations within 24 hours. The price is now testing the critical 200-day exponential moving average (EMA), a level that has historically capped Bitcoin's rallies since 2025. Breaking above this resistance could signal an end to the bear market, but failure may lead to a drop toward $56,600. Meanwhile, positive sentiment on US crypto regulations has driven a sixth consecutive week of inflows into crypto investment products, totaling $4.9 billion.