# Bitcoin Briefly Falls Below $82,000 and Forces About $120 Million of Long Liquidations Before Recovering Above $83,000

Traders hold put options at $76,000 to $80,000 ahead of Wednesday's US inflation report. Strategy's latest purchase averaged $86,194 per bitcoin, above where bitcoin now trades.

- Published: 2026-10-13T05:42:08.752Z
- Canonical: https://polylog.news/crypto/2026-10-13/bitcoin-briefly-falls-below-82-000-and-forces-about-120-mill
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news), [CoinDesk (rebound)](https://www.coindesk.com/markets/2026/10/13/bitcoin-rebounds-above-usd83-000-as-it-decouples-from-tumbling-korean-stocks-and-nasdaq-futures), [CoinDesk (dollar)](https://www.coindesk.com/markets/2026/10/12/bitcoin-holds-usd83-000-as-dollar-strength-keeps-markets-on-edge), [CryptoSlate](https://cryptoslate.com/bitcoin-traders-brace-for-cpi-shock-with-451-million-in-downside-options-bets/), [Bitcoin Magazine (Strategy)](https://bitcoinmagazine.com/news/strategy-smash-buys-21-5m-in-bitcoin), [CoinDesk (Bitmine)](https://www.coindesk.com/business/2026/10/12/tom-lee-sees-usd2-trillion-wealth-transfer-fueling-crypto-demand-as-bitmine-buys-more-ether)

Bitcoin fell below $82,000 late on October 12. About $120 million of leveraged long positions were liquidated in 15 minutes. Cointelegraph counted more than $123 million liquidated in an hour, $119.78 million of it in longs. By early Asian…

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