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via Cointelegraph · By Cointelegraph Staff

Bitcoin Battles US Dollar and Iran Nerves at $64,000 This Week

BTC

BTC/USDT

$62,656.81
-2.31%
24h Volume

$17,166,110,184.74

24h H/L

$65,622.83 / $62,568.90

Change: $3,053.93 (4.88%)

Long/Short
65.6%
Long: 65.6%Short: 34.4%
Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,200.01

-1.28%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$65,682.66
Resistance 1$63,950.81
Price$63,200.01
Support 1$62,846.20
Support 2$61,092.05
Support 3$59,130.91
Pivot (PP):$63,528.96
Trend:Downtrend
RSI (14):38.6
CS
Cointelegraph Staff
(10:13 AM UTC)
1 min read
DK
Updated byDavid Kim
1196 views
0 comments

Bitcoin (BTC) treads water at $64,000 to start the week, but market participants see plenty of catalysts coming.

Key points:

  • The US dollar is on the rebound, and history shows that Bitcoin rarely enjoys a strong DXY.
  • July often does the opposite of June, and this forms the case for BTC price relief next.
  • PCE inflation data is due out against a backdrop of uncertain US-Iran peace.
  • Bitcoin’s…

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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