Bitcoin Price Plunges Below $62,000, Erasing Months Of Gains

BTC

BTC/USDT

$63,053.26

-0.04%

$63,053.26

-0.04%

(24s)

24h Volume

$2,468,190,801.48

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,094.00

▲ 0.01%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,322.29

Resistance 1$63,626.50

Price$63,094.00

Support 1$62,999.35

Support 2$61,363.17

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

Bitcoin Magazine Editorial

(02:21 AM UTC)

1 min read

Approved byMichael Roberts

0 comments

Bitcoin price has tumbled to its lowest level in months Wednesday night, crashing below $62,000 and wiping out a sharp intraday loss of more than $5,300 — a decline of nearly 8% in 24 hours — as a perfect storm of institutional exodus, leverage liquidations, geopolitical fear, and a symbolic but jarring sale by Michael Saylor’s Strategy converged to shatter market confidence.

At…