The post Bitcoin pulls back to $120K, sparking $120M in liquidations appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin’s brief dip to $120K triggered over $120 million in liquidations, led by Bitcoin, Ethereum, and Solana positions. Analysts describe the pullback as a healthy correction before potential continuation of the uptrend. Bitcoin pulled back to the $120,000 level today, triggering over $120 million in liquidations across major crypto assets within the past hour. Roughly $100 million came from long positions and $20 million from shorts, with Bitcoin leading the liquidations at $67 million. Ethereum and Solana followed with $19 million and $14 million respectively. Analysts view the recent declines as a necessary correction to cool off speculative excess and reset leverage conditions after Bitcoin’s rapid run-up. Source: https://cryptobriefing.com/bitcoin-falls-below-120000-volatility-correction/The post Bitcoin pulls back to $120K, sparking $120M in liquidations appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin’s brief dip to $120K triggered over $120 million in liquidations, led by Bitcoin, Ethereum, and Solana positions. Analysts describe the pullback as a healthy correction before potential continuation of the uptrend. Bitcoin pulled back to the $120,000 level today, triggering over $120 million in liquidations across major crypto assets within the past hour. Roughly $100 million came from long positions and $20 million from shorts, with Bitcoin leading the liquidations at $67 million. Ethereum and Solana followed with $19 million and $14 million respectively. Analysts view the recent declines as a necessary correction to cool off speculative excess and reset leverage conditions after Bitcoin’s rapid run-up. Source: https://cryptobriefing.com/bitcoin-falls-below-120000-volatility-correction/