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Over $600M in Bitcoin longs liquidated as BTC dips toward $60K
Over $600M in Bitcoin longs were liquidated as Bitcoin's price dipped toward $60,000. Traders anticipate a short-term bounce toward $70,000, but the broader technical analysis remains bearish.
Related Signal
Adjacent reporting
- Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
- Bitcoin dumping to $77k with $360M liquidated is actually BULLISH AF
- Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
- Bitcoin price falls under $70K as crypto markets liquidate $800M
- Crypto liquidations hit $935M as Bitcoin price dips to $72.6K
- $500 million in crypto long liquidations overnight. BTC back at $78K.