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via Cointelegraph · By Cointelegraph Staff

Bitcoin Late Longs Washed Out as BTC Price Slipped Below $73K

BTC

BTC/USDT

$84,220.00

-0.24%

$84,220.00

-0.24%

(24s)

24h Volume

$15,141,431,352.83

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.1%

Long: 58.1%Short: 41.9%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

Cointelegraph Staff

(09:44 AM UTC)

1 min read

Approved byJames Mitchell

0 comments

Bitcoin (BTC) sold off into the early Asian Trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market.

Key takeaways:

Bitcoin price deviated 4.5% from its daily high of $76,050 on Wednesday, dropping to a six-week low of $72,620.
Overleveraged crypto traders were liquidated out of nearly $935 billion in the past 24 hours.
Trader…

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Source

Cointelegraph Staff · Cointelegraph

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