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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Bitcoin Price Plunges Below 'Fire Sale' Territory As Fear Index Reads 12 — Echoing The FTX Crash

BTC

BTC/USDT

$63,757.99
+1.49%
24h Volume

$25,031,346,954.57

24h H/L

$63,999.00 / $61,306.84

Change: $2,692.16 (4.39%)

Long/Short
60.2%
Long: 60.2%Short: 39.8%
Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,791.85

0.22%

Volume (24h): -

Resistance Levels
Resistance 3$67,390.80
Resistance 2$65,679.32
Resistance 1$63,892.28
Price$63,791.85
Support 1$63,092.90
Support 2$61,681.80
Support 3$57,800.19
Pivot (PP):$63,024.95
Trend:Downtrend
RSI (14):52.3
BM
Bitcoin Magazine Editorial
(08:28 PM UTC)
1 min read
MR
Updated byMichael Roberts
756 views
0 comments

Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not reached since the catastrophic FTX exchange collapse in November 2022 — as the Fear and Greed Index registered a reading of 12 out of 100, deep in “Extreme Fear” territory.

Bitcoin price opened today near $63,500 after sliding below $62,000 last night. That puts…

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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