Markets· ★★★· neutral·

Bitcoin Holds Near $65K as Liquidation Clusters Threaten Volatility

  • —Bitcoin trades between $64,000 and $65,000 as sellers defend the $65,000 level
  • —A cluster of long liquidations sits just below current support
  • —Short liquidation clusters have built up above $85,000
  • —Another long liquidation cluster is located near $75,000
Why it matters: A break of $65,000 in either direction could trigger cascading liquidations and a sharp spike in volatility.
Source: Coinfomania