Bitcoin remains above $81K despite $2.4 billion in long liquidations, Fred Krueger notes

Bitcoin remains above $81K despite $2.4 billion in long liquidations, Fred Krueger notes
Bitcoin holds above $81K after liquidations

Fred Krueger, investor and crypto entrepreneur at various NFT and AI projects, reports that Bitcoin is maintaining levels above $81,000 after a $2.4 billion long liquidation week, which reduced the price by nearly 6%.

Krueger also highlights a response by Strategy's Michael Saylor, who replied 'bullish' to Elon Musk's claim that SpaceX could grow 100 times based on its S-1 filing indicating 18,712 units.

Krueger previously pointed to Bitcoin trading near $83,100 after a 3.6% drop, citing heightened seller activity and Strategy's $21 billion gain in the third quarter, as reported here. In an earlier outlook, he suggested that a $20 billion purchase by Strategy could push Bitcoin toward $135,000, with potential for further gains in a strong market outlook here. Both notes framed Strategy's moves as key events for market participants.

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