BREAKING
207d 19h ago

BTC Surges Past $122,000 Amid Inflation and Tariff Concerns, Eyes Resistance Above $125,000

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

According to a recent analysis by Bitunix, Bitcoin (BTC) has demonstrated remarkable resilience amid ongoing inflationary pressures and escalating tariffs. The cryptocurrency successfully surpassed the critical threshold of 122,000, signaling robust market momentum. Analysts highlight that the next significant resistance level lies above 125,000, which could act as a potential pressure zone for BTC. This movement underscores the growing investor confidence in digital assets as a hedge against macroeconomic uncertainties. Market participants are advised to monitor these key price levels closely, as they may influence short-term trading strategies and portfolio adjustments. The analysis emphasizes the importance of understanding external economic factors, such as inflation and trade policies, which continue to shape the trajectory of cryptocurrency markets globally.

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