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via Cointelegraph · By Cointelegraph Staff

Bitcoin at 'Crucial' Support as US Bonds Pressure Crypto, Stocks and Gold

BTC

BTC/USDT

$64,676.01

+0.80%

$64,676.01

+0.80%

(24s)

24h Volume

$4,702,365,707.55

24h H/L

$64,768.23 / $64,123.00

Change: $645.23 (1.01%)

Long/Short

64.6%

Long: 64.6%Short: 35.4%

Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,527.01

▲ 0.24%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,630.19

Price$64,527.01

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

Cointelegraph Staff

(04:00 PM UTC)

1 min read

Updated byMichael Roberts

1300 views

0 comments

Bitcoin (BTC) consolidated near month-to-date lows on Tuesday as surging US bonds punished stocks and safe havens.

Key points:

Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields.
Catalysts, such as high oil prices, continue to impact market sentiment with the US-Iran war stakes still high.
Bitcoin is now at a "crucial level of support," the latest market analysis warns.

US…

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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Source

Cointelegraph Staff · Cointelegraph

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