2024-10-14 13:50 |
Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin stalls near $67,000 after partial recovery from all-time highs. On-chain data shows half of BTC is held at a loss, hinting at market fatigue. Analyst warns deeper correction possible, with bottom around $45,000.
Bitcoin (BTC) is showing early buy signals amid an ongoing correction near $69,500. The key support levels at $65,800 and $60,100 attract dip buyers. A break above $74,500 could trigger renewed bullish momentum.
Bitcoin temporarily fell below $70,000, erasing gains built over the past 15 months. Over $840 million in leveraged long positions were liquidated during the sell-off. Traders now watch $65,000 support and $72,000 resistance for direction.
Bitcoin fell below $85,000 and touched a low of $84,250. CoinGlass data shows total liquidations hit $804 million over the past 24 hours. The crash happened as gold fell from its peak above $5,500 on Thursday.
American Bitcoin’s BTC reserve has grown to 5,843 BTC since its Nasdaq debut. The company has achieved 116% BTC yield from Sept 2025 to Jan 2026. Trump family backs ABTC’s mining and crypto expansion strategy.
Bitcoin fell to lows of $87,800 on Tuesday before bouncing to above $89,000. Losses for BTC came as gold hit new record high above $4,870. Galaxy Digital CEO Mike Novogratz says bulls need to take out bears around $100,000-$103,000.
Jefferies strategist Chris Wood has removed Bitcoin from his long-term model portfolio, citing quantum computing as a risk that weakens Bitcoin’s store-of-value framing for pension-style allocations.