Bitcoin is facing the potential of triggering $1.13 billion worth of cumulative leveraged long liquidations if it drops below the crucial $82,000 price support level. This significant risk comes as the cryptocurrency market experiences heightened volatility and uncertainty. Market analysts are closely monitoring Bitcoin’s price movements amidst this precarious situation. The fear of long liquidations adds to the already tense atmosphere surrounding digital assets. Investors and traders are advised to exercise caution and closely follow market trends to make informed decisions. The current situation underscores the importance of risk management strategies in the highly volatile cryptocurrency market. Bitcoin’s price movements will continue to be closely watched as market participants navigate through this challenging period.