Bitcoin short liquidation risk surges as BTC price dips under $64K

Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000.

Bitcoin (BTC) traded lower on April 25 after a fresh knee-jerk reaction to geopolitical news cost bulls up to 5%.

Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to form support at $64,000 prior to the Wall Street open.

This followed a dip to $63,575 around the previous daily close, resulting from renewed Middle East tensions.

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