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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,750.62

+0.15%

$79,750.62

+0.15%

(24s)

24h Volume

$6,095,664,568.67

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

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,898.13

▲ 0.30%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,683.92

Resistance 1$80,881.43

Price$79,898.13

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.9

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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