Over $1B in Liquidations as Bitcoin Surges to 2-Month High Above $69K
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4 Articles
Bitcoin Hits $69K After Key Capitulation Signals: What’s Next? - Invest In Crypto News
Bitcoin (BTC) has just gone through its worst capitulation levels since 2014, but charts are showing signs of a possible imminent recovery in upcoming weeks/months. Source: CryptoChan In a recent publication, lead investment manager VanEck reported that BTC had already fired 8 out of 12 capitulation signals. Among these are the MVRV (Market Value to Realized Value) Z-score, the 49% drawdown from all-time high prices, net unrealized profit/loss (…
Bitcoin price hits $69,000 for the first time in months
Bitcoin exploded higher on Wednesday, August 19, 2026, surging to over $69,000 and briefly touching intraday highs near $69,750–$69,930 on major exchanges. The world’s largest cryptocurrency pumped roughly 7% in a single hour during the sharpest phase of the advance, extending gains of more than 6% for the day from an open near $64,680. At the time of the report, Bitcoin traded near $68,500, marking its strongest levels in months and the highes…
Glassnode reported that approximately $500 million worth of short positions were liquidated within minutes as the Bitcoin price surpassed $69,000, and open positions decreased due to forced closures. Glassnode reported this approximately 5 minutes ago… $500 Million Short Positions Liquidated Within Minutes As Bitcoin Surpassed $69,000...
Over $1B in Liquidations as Bitcoin Surges to 2-Month High Above $69K
After weeks and weeks of sideways movements without any clear signs of a breakout in either direction, the crypto market is finally on the move. Bitcoin led the charge with a massive surge that drove it to its highest price tag since the middle of June at just over $69,000. Recall that BTC dipped below $63,000 at the end of the previous business week before it found some support and recovered to $63,000 during the weekend. It started to show rev…
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