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via CryptoPotato · By CryptoPotato Editorial

3 Reasons Bitcoin’s Bullish Trend Remains Intact Despite the Drop Below $84K

BTC

BTC/USDT

$84,247.10

-0.07%

$84,247.10

-0.07%

(24s)

24h Volume

$15,178,002,687.48

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.2%

Long: 58.2%Short: 41.8%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CryptoPotato Editorial

(08:38 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Is that just a healthy correction before the next leg up?

The primary cryptocurrency rallied strongly earlier this week, briefly exceeding $87,000 for the first time since January. However, bulls couldn’t sustain the momentum, and BTC retraced to the current $83,800 (per CoinGecko).

While some might fear the bears are about to…

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CryptoPotato Editorial · CryptoPotato

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