{"id":10565,"date":"2024-10-21T16:47:44","date_gmt":"2024-10-21T16:47:44","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-price-dips-below-67k-pausing-hopes-for-ath-rally\/"},"modified":"2024-10-21T16:47:44","modified_gmt":"2024-10-21T16:47:44","slug":"bitcoin-price-dips-below-67k-pausing-hopes-for-ath-rally","status":"publish","type":"post","link":"https:\/\/cryptd.in\/de\/bitcoin-price-dips-below-67k-pausing-hopes-for-ath-rally\/","title":{"rendered":"Bitcoin Price Dips Below $67K, Pausing Hopes for ATH Rally"},"content":{"rendered":"<p>Bitcoin\u2019s price took a turn for the worse in late Monday evening in Europe. The sellers have reappeared and established control, pushing the cryptocurrency below $67,000, losing about 2.5% in the past 24 hours.<\/p>\n<p>The move has pushed the total liquidations in the derivatives market to about $200 million. In the past four hours alone, almost $70 million worth of leveraged positions\u2014the majority of them long \u2014 were wiped off the market.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-21-at-19.39.46.png\"><\/a>Source: Coinglass<\/p>\n<p>This latest move caused a lot of uncertainty in the market, with many wondering whether the rally to a new all-time high is put on pause.<\/p>\n<p>Some popular traders such as X user Emperor even suggested that a further decline to $62,000 might be in the cards.<\/p>\n<p>Bitcoin Price Update<\/p>\n<p>1. Backtest of $66,000 level held and we moved higher. Want to see price hold above Previous Month High for continuation higher. My target of $69,000 has now been hit and I\u2019m looking to relong dips.<\/p>\n<p>2. I told you most will be scared to buy the dip at\u2026 <a href=\"https:\/\/t.co\/1NwHonte72\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/1NwHonte72<\/a><\/p>\n<p>\u2014 Emperor (@EmperorBTC) <a href=\"https:\/\/twitter.com\/EmperorBTC\/status\/1848373380569030663?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 21, 2024<\/a><\/p>\n\n<p>The majority of the market is currently in a state of correction, as it\u2019s clearly visible in the heatmap below. It\u2019s worth noting that the declines remain relatively marginal at the time of this writing.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-21-at-19.44.14.png\"><\/a>Source: CoinMarketCap<\/p>\n<p>Der Posten <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-dips-below-67k-pausing-hopes-for-ath-rally\/\">Bitcoin Price Dips Below $67K, Pausing Hopes for ATH Rally<\/a> erschien zuerst auf <a href=\"https:\/\/cryptopotato.com\/\">KryptoKartoffel<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price took a turn for the worse in late Monday evening in Europe. The sellers have reappeared and established control, pushing the cryptocurrency below $67,000, losing about 2.5% in the past 24 hours. The move has pushed the total liquidations in the derivatives market to about $200 million. In the past four hours alone, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":10566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Price Dips Below $67K, Pausing Hopes for ATH Rally - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/de\/bitcoin-price-dips-below-67k-pausing-hopes-for-ath-rally\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Dips Below $67K, Pausing Hopes for ATH Rally - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s price took a turn for the worse in late Monday evening in Europe. The sellers have reappeared and established control, pushing the cryptocurrency below $67,000, losing about 2.5% in the past 24 hours. The move has pushed the total liquidations in the derivatives market to about $200 million. 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