$659,850,000 in Bitcoin and Crypto Liquidated in 24 Hours As BTC Shatters $84,000

Bitcoin’s parabolic November continues.

The top cryptocurrency just pushed past the $84,000 mark, the latest in a series of all-time highs that has triggered $659.85 million in liquidations in the last 24 hours alone.

That, according to the latest on-chain data from Coinglass.

The move higher has also triggered all-time highs for a list of altcoins including Solana (SOL), which has reached $220 after rising 3.4% in the last day.

The crypto analyst Bluntz tells his 286,000 followers on X that he’s expecting BTC to push to at least $120,000 early next year.

“BTC ended up vertically accumulating for longer than originally anticipated so naturally the expansion should move higher as well.

Forecasting BTC to end up at $130,000-$150,000 at the moment, pending further price action and how much the next few legs extend by.”

Bluntz has BTC reaching his target around February of 2025.

The leading crypto asset is priced at $84,156 at time of publishing, up 5.5% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/chanchai howharn/PurpleRender