Bitcoin bounces to $65,000 after deep sell-off
Bitcoin reclaimed $65,000 with about $130M of shorts liquidated, while traders debate whether the bottom is in or lower targets are coming.
Not yet known
- Whether bitcoin's rebound above $65,000 holds or the bottom is in
- Unconfirmed: about $130 million of shorts were liquidated
- Whether bitcoin falls to a lower bottom near $59–60k
What we know
Market news accounts report bitcoin turned green and reclaimed $65,000 with $130 million of shorts liquidated. Some traders are lowering targets after the strength of the decline, while one chartist expects a final bottom near $59-60k. A trader bought 139 SOL for $10,000 at $71.92, and another says CVX and CRV are at range lows. A prominent trader closed shorts.
Will Bitcoin dip to $60,000 in November?
Traders' bets on Polymarket, not a forecast by Global Eye 24. Polymarket · $595k traded · updated 09:31 UTC
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“Bitcoin turns green and reclaims $65,000.”
View post →“closed shorts”
View post →“139 SOL added to the bag at $71.92.”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.