{"id":4785,"date":"2024-08-20T05:00:47","date_gmt":"2024-08-20T05:00:47","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/"},"modified":"2024-08-20T05:00:47","modified_gmt":"2024-08-20T05:00:47","slug":"bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pl\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/","title":{"rendered":"Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations"},"content":{"rendered":"<p>After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above the pivotal $60K level today.<\/p>\n<p>As seen in the chart below, the move happened suddenly as BTC exploded by more than $1,000 in a single hourly candle.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/BTCUSD_2024-08-20_07-56-30.png\"><\/a>Source: TradingView<\/p>\n<p>As\u00a0<em>CyrptoPotato\u00a0<\/em><a href=\"https:\/\/cryptopotato.com\/massive-rally-for-bitcoin-only-possible-if-this-level-falls-btc-price-analysis\/\">zg\u0142oszony<\/a> earlier, the $60K mark is very important from a technical perspective. Moreover, at the time of this writing, the cryptocurrency is pushing toward $61K, approaching the decisive 200-day moving average, which is located around $63K.<\/p>\n<p>If the price manages to push above it, this would send positive signals across the market and renew hopes of an extended rally.<\/p>\n<p>Meanwhile, the sudden move has also caused a spike in liquidations, with over $100 million worth of derivatives positions being <a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"noopener\">wiped out<\/a> in the past 24 hours.<\/p>\n<p>Stanowisko <a href=\"https:\/\/cryptopotato.com\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/\">Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations<\/a> pojawi\u0142a si\u0119 najpierw na <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above the pivotal $60K level today. As seen in the chart below, the move happened suddenly as BTC exploded by more than $1,000 in a single hourly candle. Source: TradingView As\u00a0CyrptoPotato\u00a0reported earlier, the $60K mark is very [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":4786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations - 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\/pl\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/\" \/>\n<meta property=\"og:locale\" content=\"pl_PL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above the pivotal $60K level today. As seen in the chart below, the move happened suddenly as BTC exploded by more than $1,000 in a single hourly candle. Source: TradingView As\u00a0CyrptoPotato\u00a0reported earlier, the $60K mark is very [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/pl\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-20T05:00:47+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Szacowany czas czytania\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minuta\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations\",\"datePublished\":\"2024-08-20T05:00:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/\"},\"wordCount\":157,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Bitcoin_Bullish-6A8AKj.jpeg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"pl-PL\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\\\/\",\"name\":\"Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations - 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As seen in the chart below, the move happened suddenly as BTC exploded by more than $1,000 in a single hourly candle. Source: TradingView As\u00a0CyrptoPotato\u00a0reported earlier, the $60K mark is very [&hellip;]","og_url":"https:\/\/cryptd.in\/pl\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/","og_site_name":"cryptd.in","article_published_time":"2024-08-20T05:00:47+00:00","twitter_card":"summary_large_image","twitter_misc":{"Szacowany czas czytania":"1 minuta"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/#article","isPartOf":{"@id":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/"},"author":{"name":"","@id":""},"headline":"Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations","datePublished":"2024-08-20T05:00:47+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/"},"wordCount":157,"commentCount":0,"publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"image":{"@id":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/08\/Bitcoin_Bullish-6A8AKj.jpeg","articleSection":["Feeds"],"inLanguage":"pl-PL","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/","url":"https:\/\/cryptd.in\/bitcoin-explodes-above-60k-triggering-over-100m-in-liquidations\/","name":"Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations - 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