Bitcoin May Need Two Years to Flip $93,500 Back to Support

Bitcoin (BTC) liquidated billions of dollars going into Friday as BTC price action set bearish records.

Key points:

• Bitcoin liquidates $2.6 billion as it sees its first red $10,000 daily candle ever.

• BTC price action dives further in percentage terms than on any day since the 2022 bear market.

• It may take until 2028 for Bitcoin to return above $93,500 again.

Bitcoin seals biggest daily dollar rout in history

Data from TradingView showed BTC/USD consolidating after bouncing from $59,930 — its first trip…