![Bitcoin price avoids 3-month lows as crypto dive liquidates 0M Bitcoin price avoids 3-month lows as crypto dive liquidates 0M](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/728f3d93-4744-40df-9eb3-f3096885cd09.jpg)
Bitcoin (BTC) challenged three-month lows into June 10 as altcoins in particular felt the heat from United States regulatory pressure. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Altcoin bloodbath as exchanges reshape…
![Bitcoin’s dive under K liquidates 0M — So why aren’t margin traders flipping bearish? Bitcoin’s dive under K liquidates 0M — So why aren’t margin traders flipping bearish?](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/2e83a798-bcd0-4f84-acf9-93911486ebbb.jpg)
Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated….