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via Cointelegraph · By Cointelegraph Staff
Bitcoin Traders Target $68K As Key Support Zone: Here's Why
BTC
BTC/USDT
$63,264.05
+0.27%
$63,264.05
+0.27%
(24s)24h Volume
$2,694,452,526.31
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.5%
Long: 68.5%Short: 31.5%
Funding Rate
+0.0041%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(08:34 PM UTC)
1 min read
Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone.
Sell pressure has increased in the derivatives markets and the daily bid-ask ratio fell to -0.03, showing sellers are currently more aggressive than buyers as traders position around liquidation levels.
Bitcoin buyers cluster near $68,000
The visible…
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