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

BTC

BTC/USDT

$79,650.68

-1.81%

$79,650.68

-1.81%

(24s)

24h Volume

$17,679,000,981.55

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

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

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…