Bitcoin failed to break $72K resistance and fell as low as $66K, down 8.4% from its weekly high, in typical post-halving volatility.
Bitcoin dipped sharply to $64,000 in a broad crypto downturn, with heavy long positioning clustered in the $61-64K zone.
Bitcoin dipped 10.7% to $58.5K before rebounding into our anticipated $61-64K support range, as altcoins outperformed BTC.
Bitcoin surged to $63.5K before dropping below $58K, triggering over $320 million in liquidations within our $61-64K target range.
Bitcoin fell as much as 13% to $53.5K on fears of Mt Gox-related sell pressure, sending the Fear & Greed Index to its lowest since 2023.
Looking for guides and explainers? Insights is our home for evergreen, how-it-works content.
Go to Insights