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via Cointelegraph · By Cointelegraph Staff

Bitcoin Short-Term Holders Panic-Sell $770M BTC as Bears Eye $65K

BTC

BTC/USDT

$79,955.61
+0.29%
24h Volume

$7,099,849,729.08

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,996.00

0.21%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,260.41
Resistance 1$80,157.58
Price$79,996.00
Support 1$79,635.96
Support 2$77,509.46
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):67.2
CS
Cointelegraph Staff
(02:19 PM UTC)
1 min read
JM
Approved byJames Mitchell

Bitcoin (BTC) price dropped to $76,500 on Monday, erasing nearly all of this month’s gains as fresh US-Iran war tensions soured the crypto market sentiment. This has led investors and traders to reevaluate their risks and stay cautious, with many recent buyers selling their BTC at a loss.

Key takeaways:

  • Bitcoin short-term holders sold over 10,000 BTC worth approximately $770 million at a loss on…

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Source

Cointelegraph Staff · Cointelegraph

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