Bitcoin’s $87K Rally Was a Trap: Could $82.5K Be the Real Buying Opportunity?

Key points

• Bitcoin rallied above $87,000 on Friday before dropping below $84,000 within hours, triggering nearly $600 million in liquidations across the market, per the article.
• Analyst Ali Martinez said whales sold over 30,000 BTC during the move and he is watching $82,500, the channel's lower boundary.
• Glassnode noted buyers from 1–2 years ago at $97,000 and 6–12 months ago at $89,000 are selling large amounts.

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