The Bitcoin Price Just Plunged Under $6,400 After Days of Stagnation

2020-3-28 02:51

Over the past ten minutes, Bitcoin has performed extremely poorly, falling from $6,700 to a price as low as $6,265 in an over 6% sell-off, per data from TradingView. As a result, at least $20 million worth of long positions on BitMEX were liquidated, while millions more probably bit the dust on other exchanges. This 6% crash comes after days of stagnation for the cryptocurrency market, epitomized by the fact that the cryptocurrency held between $6,500 and $7,000 for over three days, leading one trader to jokingly ‘capitulate’ because of the lack of volatility. There seems to be no news trigger to this sell-off, though, the stock market has started to reverse after a jaw-dropping 20% rally in the matter of a few days. More specifically, the S&P 500 dropped 3.4% on Friday while the Dow Jones saw a similar loss. While Bitcoin is likely to close the daily candle under the ever-important $6,400 support in a few minutes, there remain bullish fundamental factors. One such factor is, according to data from ByteTree, on March 25th Bitcoin miners sold 2,788 coins against 1,588 mined, resulting in $7.2 million in BTC sold that on a normal day would’ve been held. Despite this added selling pressure, the price of the cryptocurrency didn’t drop, rather, the “market took it” and rallied. According to ByteTree founder Charlie Morris’ analysis, this is a bullish sign. Featured Image from Shutterstock origin »

Bitcoin (BTC) на Currencies.ru

$ 92288.32 (+0.37%)
Объем 24H $58.229b
Изменеия 24h: -0.95 %, 7d: 1.09 %
Cегодня L: $91928.34 - H: $92664.54
Капитализация $1841.871b Rank 1
Цена в час новости $ 6138.17 (1403.52%)

price bitcoin positions long worth million tradingview

price bitcoin → Результатов: 126


Bitcoin ‘True Bull Run’ May Yet To Begin — Analyst Explains Why

The Bitcoin price action has been somewhat impressive in 2025, as the flagship cryptocurrency ascended from around $93,300 in early January to its current all-time-high price of $126,000 this month. While the digital asset saw a couple of resets along the way, it continued to put in new highs, reflecting the magnitude of confidence held by its long-term investors.

2025-10-26 19:30


Фото:

Bitcoin Briefly Dips Below $100,000 – Experts Share Shocking Price Predictions

Bitcoin (BTC) price hit $99,000 over the weekend, catching most traders unawares. The drop saw the price fall as global tensions rose following U. S. airstrikes against Iranian nuclear sites. With the crypto market panicking with fear, most of the investors questioned whether this was the ‘beginning of the end’ for a bigger correction.

2025-6-23 17:00


Bitcoin Set for “Mega Expansion” as Chart Signals Parabolic Price Spike

According to CryptoCon, Bitcoin is setting up for what he calls a “mega expansion” phase, one that could lead to faster and more dramatic price increases heading into the end of 2025. After carefully mapping out BTC price action throughout Cycle 4, CryptoCon suggests that most of this cycle has been about slow, sideways movement, […] The post Bitcoin Set for “Mega Expansion” as Chart Signals Parabolic Price Spike appeared first on CaptainAltcoin.

2025-5-14 23:00