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via crypto.news · By crypto.news Editorial

Bitcoin price reclaims $64K, but leverage raises pullback risk

BTC

BTC/USDT

$68,506.17

+5.66%

$68,506.17

+5.66%

(24s)

24h Volume

$23,934,095,452.19

24h H/L

$69,500.00 / $64,166.00

Change: $5,334.00 (8.31%)

Long/Short

56.8%

Long: 56.8%Short: 43.2%

Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,444.39

▲ 1.11%

Volume (24h): -

Resistance Levels

Resistance 3$67,264.02

Resistance 2$66,301.35

Resistance 1$65,634.99

Price$65,444.39

Support 1$64,568.32

Support 2$63,562.51

Support 3$62,617.14

Pivot (PP):$64,604.03

Trend:Uptrend

RSI (14):59.8

crypto.news Editorial

(11:30 AM UTC)

1 min read

Reviewed byDavid Kim

0 comments

Bitcoin price rose 1.7% to around $64,200 on Aug. 18 as ETF inflows supported the rebound, but rising leverage left the recovery exposed to a pullback.

Summary

Bitcoin price recovered above $64,000 after buyers defended the $62,600–$62,800 area.
The daily chart shows BTC holding above its 20-day and 50-day moving averages, though longer-term resistance…

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Source

crypto.news Editorial · crypto.news

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