BREAKING
76d 11h ago

Bitcoin Consolidates Below $90K as Fed QT Ends and Hayes Signals Liquidity Uptick, Eyes $80K Support

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News notes a modest uptick in market liquidity after a social post from Arthur Hayes. The Fed’s quantitative tightening path suggests an end on December 1, with this week potentially marking the final balance-sheet contraction. Separately, US banks extended more credit expansion in November, signaling healthier liquidity dynamics.

Trading remains below the $90,000 threshold, with a possible retest of the $80,000 support zone on the horizon. Analysts contend the $80k floor could hold, aided by cautious positioning and improving on-chain signals.

Market participants may prefer incremental exposure after the year-end, aligning risk budgets with clearer policy signals. An orderly accumulation approach, rather than a rapid breakout, could define near-term returns as new catalysts emerge.

Share News:
Don't Miss Breaking News