Community Articles
via BeInCrypto · By Ananda Banerjee
Bitcoin Bulls Are Defending One Key Level, Losing It Means a 10% Fall
BTC
BTC/USDT
$63,328.78
+0.40%
$63,328.78
+0.40%
(24s)24h Volume
$2,373,046,972.91
24h H/L
$63,340.00 / $62,968.45
Change: $371.55 (0.59%)
Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate
+0.0032%
Longs pay
Data provided by COINOTAG DATALive data
AB
Ananda Banerjee(07:23 AM UTC)
1 min read
Bitcoin (BTC) price is sitting on a knife’s edge near $73,300 after a bearish pattern broke down on May 28, opening a path toward a roughly 10% slide.
Yet the breakdown has stalled. On-chain holders and a quiet derivatives market are quietly defending the line. And one technical level is the only thing standing between range-bound calm and a deeper crash.
Price Breaks Down a Bearish Pattern…
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