Bitcoin price stalls at $84.5K – Is a deeper BTC reset still possible?

Strong market sentiment despite the minor price dip indicated belief in the $BTC bullish recovery. The high amount of long liquidations in recent days pointed toward a healthy market deleveraging phase.

Is there a threat of a bigger Bitcoin price reset?

A whale moved 4,500 $BTC worth nearly $380 million recently; the same amount of $BTC moved out of a wallet in late September 2025, too. This news sparked debates over whether the minor price dip could become more than just that.

A crypto analyst observed that 45,054 $BTC from short-term holders had moved onto exchanges. This was a lot of potential sell-side supply that highlighted STH worries of a deeper retracement.

The rally to $87k swept a large cluster of short liquidations built over the past year. Now that this magnetic zone has been swept, Bitcoin may be poised for another move lower. The next major cluster of liquidation levels lies further to the south, making it a potential target.

This means a price drop below $60k in search of liquidity is possible later in 2026. However, for this scenario to unfold, selling pressure needs to seize control once more and force a return to bear market conditions.

Will cooling demand expose $BTC’s volatility?