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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$61,789.99

-1.55%

$61,789.99

-1.55%

(24s)

24h Volume

$29,448,052,689.03

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,754.01

▲ 1.11%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,395.60

Resistance 1$61,781.95

Price$61,754.01

Support 1$61,035.43

Support 2$59,102.70

Support 3$52,643.43

Pivot (PP):$61,467.12

Trend:Downtrend

RSI (14):36.3

Cointelegraph Staff

(02:19 PM UTC)

1 min read

Approved byJames Mitchell

1372 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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