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via Cointelegraph · By Cointelegraph Staff
Bitcoin Buyers Stack $512M Bids Near $70K Support: Is A Reversal Ahead?
BTC
BTC/USDT
$79,859.45
+0.11%
$79,859.45
+0.11%
(24s)24h Volume
$6,264,583,943.25
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.3%
Funding Rate
+0.0010%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:45 PM UTC)
1 min read
Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s next move.
BTC buy bids form key support zone
Data from CoinGlass shows dip buyers have placed 6,235 BTC in bid liquidity between $72,000 and $70,000. At…
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