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via Cointelegraph · By Cointelegraph Staff

Bitcoin Can Still Hit $85,000 as Stocks Head to New All-Time Highs

BTC

BTC/USDT

$59,408.34

-2.92%

$59,408.34

-2.92%

(24s)

24h Volume

$35,810,774,562.74

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,245.60

▼ -3.00%

Volume (24h): -

Resistance Levels

Resistance 3$64,190.33

Resistance 2$61,809.89

Resistance 1$60,140.67

Price$59,245.60

Support 1$59,102.70

Support 2$57,392.27

Support 3$52,643.43

Pivot (PP):$60,140.67

Trend:Downtrend

RSI (14):29.5

Cointelegraph Staff

(03:52 PM UTC)

1 min read

Approved byEmily Watson

1196 views

0 comments

Bitcoin (BTC) touched $80,000 around Thursday’s Wall Street open as US stocks hit fresh all-time highs and oil retested $100.

Key points:

Bitcoin rebounded to $80,000 while US stock markets hit new records, ignoring high inflation.
Risk appetite is "skyrocketing," analysis says, despite worries over central-bank policy tightening.
Bitcoin can still head to $85,000 next, traders agree.

Bitcoin recoups…

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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