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

BTC

BTC/USDT

$79,615.81

-1.76%

$79,615.81

-1.76%

(24s)

24h Volume

$17,252,720,462.97

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

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.