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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$64,349.18

+0.49%

$64,349.18

+0.49%

(24s)

24h Volume

$4,648,246,438.62

24h H/L

$64,599.95 / $63,810.00

Change: $789.95 (1.24%)

Long/Short

65.4%

Long: 65.4%Short: 34.6%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,366.00

▼ -0.01%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,366.00

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):50.6

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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