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via BeInCrypto · By Ananda Banerjee

Bitcoin Bulls Are Defending One Key Level, Losing It Means a 10% Fall

BTC

BTC/USDT

$64,264.39

-0.11%

$64,264.39

-0.11%

(24s)

24h Volume

$11,672,672,310.75

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

62.9%

Long: 62.9%Short: 37.1%

Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,090.01

▲ 1.23%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,410.35

Resistance 1$64,734.27

Price$64,090.01

Support 1$63,302.94

Support 2$61,825.10

Support 3$59,130.91

Pivot (PP):$64,075.18

Trend:Downtrend

RSI (14):41.2

Ananda Banerjee

(07:23 AM UTC)

1 min read

Approved byEmily Watson

764 views

0 comments

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…

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

Ananda Banerjee · BeInCrypto

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