Bitcoin Hits Highest Price Since June as $3 Billion in Shorts Liquidated

BTC

BTC/USDT

$72,554.25

+6.61%

$72,554.25

+6.61%

(24s)

24h Volume

$36,524,716,570.52

24h H/L

$72,966.00 / $68,052.97

Change: $4,913.03 (7.22%)

Long/Short

51.8%

Long: 51.8%Short: 48.1%

Funding Rate

+0.0016%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$72,737.50

▲ 4.91%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$73,670.99

Price$72,737.50

Support 1$72,666.77

Support 2$70,580.26

Support 3$67,062.90

Pivot (PP):$67,833.60

Trend:Uptrend

RSI (14):79.9

Decrypt Editorial

(04:04 PM UTC)

1 min read

Bitcoin hit an intraday high of $72,408 Thursday before easing to $71,423, up 3.07% on the day
This is the highest level since a flash crash sent the coin below $68,000 on June 2.
Bitcoin's short sellers are having their worst two days on record: more than $3 billion in short positions were liquidated across crypto in the past 24 hours alone, taking out over 190,000 traders.

Bitcoin…