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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

$79,656.79
-0.03%
24h Volume

$7,297,360,206.86

24h H/L

$80,200.00 / $79,577.00

Change: $623.00 (0.78%)

Long/Short
52.9%
Long: 52.9%Short: 47.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,810.00

-0.03%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,260.41
Resistance 1$79,878.00
Price$79,810.00
Support 1$79,635.96
Support 2$77,546.36
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):66.7
CS
Cointelegraph Staff
(10:23 AM UTC)
1 min read
JM
Verified byJames Mitchell

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…

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Source

Cointelegraph Staff · Cointelegraph

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