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via Cointelegraph · By Cointelegraph Staff

Bitcoin Weekly Liquidations 'Insane' as Price Passes $65,000 on Oil Weakness

BTC

BTC/USDT

$62,712.26

-2.17%

$62,712.26

-2.17%

(24s)

24h Volume

$17,359,287,201.07

24h H/L

$65,622.83 / $62,568.90

Change: $3,053.93 (4.88%)

Long/Short

65.6%

Long: 65.6%Short: 34.4%

Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,200.01

▼ -1.28%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,682.66

Resistance 1$63,950.81

Price$63,200.01

Support 1$62,846.20

Support 2$61,092.05

Support 3$59,130.91

Pivot (PP):$63,528.96

Trend:Downtrend

RSI (14):38.6

Cointelegraph Staff

(03:48 PM UTC)

1 min read

Reviewed byMichael Roberts

644 views

0 comments

Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves.

Key points:

Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading.
Traders' targets include a move toward $70,000 next.
Liquidations are described as "completely insane" as both long and short BTC positions get chopped up.

Bitcoin surfs $65,000 as oil…

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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