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via CoinDesk · By CoinDesk Staff

A powerful crypto indicator just flipped green as bitcoin tests $82,000

BTC

BTC/USDT

$59,379.44

-2.14%

$59,379.44

-2.14%

(24s)

24h Volume

$37,213,065,870.80

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.4%

Long: 71.4%Short: 28.6%

Funding Rate

-0.0041%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,670.67

▼ -2.30%

Volume (24h): -

Resistance Levels

Resistance 3$64,237.21

Resistance 2$62,909.86

Resistance 1$61,023.09

Price$59,670.67

Support 1$59,102.70

Support 2$57,288.86

Support 3$51,387.09

Pivot (PP):$59,916.03

Trend:Downtrend

RSI (14):30.3

CoinDesk Staff

(03:31 PM UTC)

1 min read

Approved byJames Mitchell

500 views

0 comments

Bitcoin’s bull-bear cycle indicator turns green for first time since March 2023

While some experts point to $90,000 as the next explosive level, others caution that this new "early bull" signal isn't a guaranteed crystal ball.

Cryptoquant’s bitcoin bull-bear cycle indicator turned green for the first time since 2023, which could signal that “the market structure is beginning to recover,” said the…

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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CoinDesk Staff · CoinDesk

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