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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$63,222.03
+0.17%
24h Volume

$2,802,007,044.43

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,140.05

0.09%

Volume (24h): -

Resistance Levels
Resistance 3$66,088.35
Resistance 2$64,507.45
Resistance 1$63,398.11
Price$63,140.05
Support 1$62,993.17
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.7
CS
CoinDesk Staff
(03:31 PM UTC)
1 min read
JM
Approved byJames Mitchell

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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Source

CoinDesk Staff · CoinDesk

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