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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$64,507.97

+0.50%

$64,507.97

+0.50%

(24s)

24h Volume

$4,490,264,084.28

24h H/L

$64,599.95 / $63,810.00

Change: $789.95 (1.24%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,511.76

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,511.76

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

Cointelegraph Staff

(09:44 AM UTC)

1 min read

Approved byJames Mitchell

692 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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