Community Articles

via Cointelegraph · By Cointelegraph Staff

3 Factors May Send Bitcoin Price Back To $80K

BTC

BTC/USDT

$63,092.69

+0.80%

$63,092.69

+0.80%

(24s)

24h Volume

$8,074,317,200.17

24h H/L

$63,461.99 / $62,328.24

Change: $1,133.75 (1.82%)

Long/Short

61.8%

Long: 61.8%Short: 38.2%

Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,189.99

▲ 0.97%

Volume (24h): -

Resistance Levels

Resistance 3$67,258.53

Resistance 2$65,622.83

Resistance 1$63,685.26

Price$63,189.99

Support 1$63,021.37

Support 2$60,643.48

Support 3$57,841.22

Pivot (PP):$62,993.41

Trend:Downtrend

RSI (14):50.0

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments