The last time the asset plummeted below the $23,000 territory was nine days ago. The Bitcoin derivatives scene has witnessed an estimated $31 million in long liquidations in the past 2 hours following a sharp 3% price drop in the latest market-wide correction. Amid this bearish condition, analysts forecast a possible decline below $23,000. On-Chain The post Over $31M in Long Liquidations as Bitcoin Risks a Dip Below $23K first appeared on The Crypto Basic .