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

BTC

BTC/USDT

$62,988.90

-0.05%

$62,988.90

-0.05%

(24s)

24h Volume

$2,180,646,316.88

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,072.43

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.62

Resistance 1$63,121.09

Price$63,072.43

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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.