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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$79,616.93

-0.65%

$79,616.93

-0.65%

(24s)

24h Volume

$7,464,186,755.19

24h H/L

$80,162.29 / $79,233.00

Change: $929.29 (1.17%)

Long/Short

53.2%

Long: 53.2%Short: 46.8%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,734.62

▼ -0.12%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,779.60

Price$79,734.62

Support 1$79,635.96

Support 2$77,303.91

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.4

CoinDesk Staff

(03:31 PM UTC)

1 min read

Approved byJames Mitchell

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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…

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CoinDesk Staff · CoinDesk

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