Community Articles

via BeInCrypto · By Luis Blanco

Bitcoin Breaks Below $75,000 as Three Major Risks Hit at Once

BTC

BTC/USDT

$62,520.00
-3.68%
24h Volume

$19,469,153,546.64

24h H/L

$65,146.00 / $61,938.00

Change: $3,208.00 (5.18%)

Long/Short
68.5%
Long: 68.5%Short: 31.4%
Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,327.96

-2.64%

Volume (24h): -

Resistance Levels
Resistance 3$65,654.82
Resistance 2$64,206.80
Resistance 1$62,878.49
Price$62,327.96
Support 1$61,834.89
Support 2$60,542.19
Support 3$59,114.43
Pivot (PP):$62,847.11
Trend:Downtrend
RSI (14):36.4
LB
Luis Blanco
(02:51 PM UTC)
1 min read
JM
Approved byJames Mitchell
1100 views
0 comments

Bitcoin dropped below $74,500 for the first time in four weeks, extending losses across nine straight trading days as regulatory, monetary, and geopolitical risks all hit the market at once.

We break down the three forces pushing the price lower and the levels that could decide the next major move.

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

Luis Blanco · BeInCrypto

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