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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

$79,650.68
-1.71%
24h Volume

$17,695,573,101.33

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,697.72

0.05%

Volume (24h): -

Resistance Levels
Resistance 3$91,281.84
Resistance 2$88,315.23
Resistance 1$80,811.61
Price$79,697.72
Support 1$79,507.02
Support 2$76,172.06
Support 3$74,131.55
Pivot (PP):$79,916.17
Trend:Sideways
RSI (14):66.5
BM
Bitcoin Magazine Editorial
(01:50 PM UTC)
1 min read
MR
Approved byMichael Roberts

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…

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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