Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000.
Bitcoin (BTC) traded lower on April 25 after a fresh knee-jerk reaction to geopolitical news cost bulls up to 5%.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to form support at $64,000 prior to the Wall Street open.
This followed a dip to $63,575 around the previous daily close, resulting from renewed Middle East tensions.
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Source: https://cointelegraph.com/news/bitcoin-etf-short-liquidation-risk-btc-price-dip-64k