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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Bitcoin Bottom 'Almost In' As Sell-Off Cuts 14% In 7 Days

BTC

BTC/USDT

$62,662.13

-2.13%

$62,662.13

-2.13%

(24s)

24h Volume

$18,822,858,406.18

24h H/L

$64,445.19 / $62,272.07

Change: $2,173.12 (3.49%)

Long/Short

66.2%

Long: 66.2%Short: 33.8%

Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,674.00

▼ -0.45%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,798.41

Resistance 1$62,983.97

Price$62,674.00

Support 1$61,870.64

Support 2$60,487.38

Support 3$59,130.91

Pivot (PP):$62,700.24

Trend:Downtrend

RSI (14):34.2

Bitcoin Magazine Editorial

(01:50 PM UTC)

1 min read

Approved byMichael Roberts

1148 views

0 comments

Bitcoin shed 14% in seven days, sliding to levels not seen since February, as a convergence of institutional outflows, leverage liquidations, geopolitical pressure, and a shock sale from Strategy rattled digital asset markets.

Yet Standard Chartered’s global head of digital assets research, Geoff Kendrick, told clients the bear market may be in its final stages — and that the low is…

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

Bitcoin Magazine Editorial · Bitcoin Magazine

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