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via Cointelegraph · By Cointelegraph Staff

Over $600M in Bitcoin Longs Liquidated As BTC Price Nears $60K

BTC

BTC/USDT

$84,025.20

-0.95%

$84,025.20

-0.95%

(24s)

24h Volume

$17,811,742,635.67

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.5%

Long: 58.5%Short: 41.5%

Funding Rate

-0.0013%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$83,964.00

▼ -0.16%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$83,964.00

Support 1$83,103.66

Support 2$80,162.92

Support 3$77,001.87

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.8

Cointelegraph Staff

(08:19 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Bitcoin’s (BTC) brief plunge toward the $60,000 area triggered more than $600 million in long liquidations, raising doubts over whether the latest rebound marks a real bottom or only a relief bounce after a leverage flush.

BTC price may rebound toward $70,000 next

BTC fell to roughly $61,300 on Thursday before recovering 5.52% to around $64,690, with the rebound coinciding with reports that Israel…

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Cointelegraph Staff · Cointelegraph

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