Bitcoin: Back Near $70,000 After 80 Days
Bitcoin surges near $70,000 after 80 days with 11% gain in three days as Ethereum hits $2,300 amid $2.99B liquidations, the largest since October 2025.
SourceAnalysis
Bitcoin returned near $70,000 after 80 days while Ethereum climbed to $2,300 after 100 days, with BTC posting an 11% surge and ETH a 24% jump over three days.
$2.99B in crypto liquidations hit the market in the last 24 hours, $2.74B from short positions, marking the largest event since October 2025.
Price action on the 4h chart shows BTC testing upper Bollinger resistance at $69711.66 with RSI at 84.29 flashing overbought conditions, yet the MACD golden cross at 1391.44 keeps the bullish structure intact above the EMA50 support at $64815.2 and EMA200 at $64159.63, suggesting a probable retracement to that 50-EMA level before continuation.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.
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