Bitcoin: Returns Near $70,000 After 80 Days
Bitcoin reaches $69,332 after 80 days with 11% three-day gain while Ethereum climbs 24% to $2,300, sparking $2.99B liquidations dominated by shorts.
SourceAnalysis
Bitcoin reclaimed levels near $70,000 for the first time since June 2 2026, posting an 11% surge in three days, while Ethereum advanced 24% to $2,300 after a 100-day absence.
The move triggered $2.99B in crypto liquidations over 24 hours, with $2.74B hitting short positions—the largest single-day event since October 2025.
Bitcoin trades at $69,331.73 inside the Bollinger Bands and presses the upper resistance at $69,700.94 while RSI(14) prints 84.17 in overbought territory; the MACD golden cross at 1,387.92 keeps the structure bullish above the EMA50 support at $64,813.47, suggesting any healthy retracement would likely target that 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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