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via Cointelegraph · By Cointelegraph Staff

Bitcoin Battles 'Collapsing' Bond Markets as Week Starts With Trip to $76,500

BTC

BTC/USDT

$63,136.99

+0.13%

$63,136.99

+0.13%

(24s)

24h Volume

$11,181,577,880.98

24h H/L

$63,999.00 / $62,436.59

Change: $1,562.41 (2.50%)

Long/Short

62.3%

Long: 62.3%Short: 37.7%

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,958.01

▼ -1.09%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,627.74

Resistance 1$63,661.32

Price$62,958.01

Support 1$62,509.74

Support 2$60,946.32

Support 3$57,800.19

Pivot (PP):$63,256.00

Trend:Downtrend

RSI (14):49.0

Cointelegraph Staff

(10:23 AM UTC)

1 min read

Verified byJames Mitchell

1380 views

0 comments

Bitcoin (BTC) starts a new week under pressure as support levels fade and macro gloom intensifies.

Key points:

Bitcoin falls below a key 21-week trend line after the weekly close, but hopes of a “bear trap” rebound remain.
US-Iran war rhetoric continues to push oil higher, pressuring crypto markets.
Those tensions could still be countered by strong PMI and Nvidia earnings data in the coming days.
Bitco…

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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