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via Cointelegraph · By Cointelegraph Staff

3 Factors May Send Bitcoin Price Back To $80K

BTC

BTC/USDT

$64,689.88

+0.72%

$64,689.88

+0.72%

(24s)

24h Volume

$4,842,507,777.88

24h H/L

$64,774.27 / $64,123.00

Change: $651.27 (1.02%)

Long/Short

64.3%

Long: 64.3%Short: 35.7%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,703.55

▲ 0.51%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,703.55

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):52.1

Cointelegraph Staff

(09:47 PM UTC)

1 min read

Updated byDavid Kim

1498 views

0 comments

Key takeaways:

Aggressive Bitcoin buying by Strategy helped to offset the recent leveraged long liquidations.
Rising bond yields and a heavy US government debt burden are driving investors toward scarce assets.
A potential deal between the US and Iran could quickly restore traders’ risk appetite.

Bitcoin (BTC) faced a rejection following a failed attempt to break above $82,000 on Thursday. A…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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