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via Cointelegraph · By Cointelegraph Staff

Bitcoin Buyers Stack $512M Bids Near $70K Support: Is A Reversal Ahead?

BTC

BTC/USDT

$62,582.60

-3.17%

$62,582.60

-3.17%

(24s)

24h Volume

$19,752,409,891.92

24h H/L

$64,805.07 / $61,938.00

Change: $2,867.07 (4.63%)

Long/Short

68.5%

Long: 68.5%Short: 31.4%

Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,254.00

▼ -2.76%

Volume (24h): -

Resistance Levels

Resistance 3$65,654.82

Resistance 2$64,293.11

Resistance 1$62,866.16

Price$62,254.00

Support 1$61,834.89

Support 2$60,524.98

Support 3$59,097.99

Pivot (PP):$62,822.46

Trend:Downtrend

RSI (14):36.2

Cointelegraph Staff

(10:45 PM UTC)

1 min read

Reviewed byJames Mitchell

1040 views

0 comments

Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s next move.

BTC buy bids form key support zone

Data from CoinGlass shows dip buyers have placed 6,235 BTC in bid liquidity between $72,000 and $70,000. At…

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

Cointelegraph Staff · Cointelegraph

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