Bitcoin Price Crash to $65K Sparks $1.8B Crypto Liquidation Bloodbath

BTC

BTC/USDT

$84,050.01

-0.19%

$84,050.01

-0.19%

(24s)

24h Volume

$15,181,674,505.54

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

Cointelegraph Staff

(10:48 AM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war.

Key takeaways:

Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs.
Traders say Bitcoin needs to hold $60,000 as support to avoid a deeper correction in BTC price.