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via Cointelegraph · By Cointelegraph Staff

Bitcoin, Altcoins Turn Bearish As Inflation Worries Pressure Markets

BTC

BTC/USDT

$79,794.23

+0.19%

$79,794.23

+0.19%

(24s)

24h Volume

$7,113,812,644.64

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,996.00

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,996.00

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.2

Cointelegraph Staff

(05:58 PM UTC)

1 min read

Verified byMichael Roberts

0 comments

Key points:

Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch.
Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up.

Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on…

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Source

Cointelegraph Staff · Cointelegraph

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