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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$62,458.00

-4.06%

$62,458.00

-4.06%

(24s)

24h Volume

$19,583,266,165.37

24h H/L

$65,146.00 / $61,938.00

Change: $3,208.00 (5.18%)

Long/Short

68.5%

Long: 68.5%Short: 31.4%

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,543.88

▼ -2.31%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,671.00

Resistance 1$62,914.47

Price$62,543.88

Support 1$61,834.89

Support 2$60,591.46

Support 3$59,162.41

Pivot (PP):$62,919.09

Trend:Downtrend

RSI (14):36.9

Cointelegraph Staff

(10:48 AM UTC)

1 min read

Reviewed byEmily Watson

1404 views

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.

Bitcoin wipes out longs in tumble…

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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