Bitcoin Due One More Dip Before BTC Price Uptrend Continues, Traders Agree

BTC

BTC/USDT

$62,876.62

-0.40%

$62,876.62

-0.40%

(24s)

24h Volume

$3,829,370,533.73

24h H/L

$63,390.00 / $62,716.00

Change: $674.00 (1.07%)

Long/Short

69.6%

Long: 69.6%Short: 30.4%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,868.20

▼ -0.35%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$62,868.20

Support 1$61,814.38

Support 2$61,056.47

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):41.8

Cointelegraph Staff

(02:56 PM UTC)

1 min read

Verified byDavid Kim

Bitcoin (BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next.

Key points:

Bitcoin preserves $80,000 over the weekend, but traders are waiting for a dip to retest a familiar chart feature.
Continuation higher remains the overall consensus for what happens afterward.
US CPI data is due out, with Bitcoin already "pricing in" the result.