Bitcoin reversed a three-day slide after the Federal Reserve decision to hold interest rates and reclaimed the $76,000 level, according to the CoinDesk story titled “Bitcoin Reverses 3-Day Slide, Climbs Past $76K Despite $75M Long Liquidations.”
The same source frames this move as setting up the possibility of a double-digit gain in April. It specifically says the rebound leaves bitcoin “positioning it for a double-digit gain in April” and cites an “eyeing a 13% gain by the end of April” scenario.
That optimism comes with a bruise. The report says volatility triggered $266 million in long liquidations. It also notes that OKX SG reported the liquidations, tying the market stress to a concrete venue rather than leaving it as an abstract headline.
This is the kind of tape that punishes leverage first and fundamentals later. Even with bitcoin back above $76,000, the liquidation figure suggests traders were still getting forced out during the swings.
A reminder for risk awareness: an asset regaining a key price level does not cancel liquidation risk. The numbers from the CoinDesk feed describe activity during volatility, not a guarantee about what happens next.