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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$59,805.20
-1.84%
24h Volume

$29,502,850,784.59

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
71.3%
Long: 71.3%Short: 28.7%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$60,128.00

-1.56%

Volume (24h): -

Resistance Levels
Resistance 3$70,545.37
Resistance 2$63,325.33
Resistance 1$61,023.09
Price$60,128.00
Support 1$60,080.19
Support 2$58,134.85
Support 3$51,387.09
Pivot (PP):$60,068.47
Trend:Downtrend
RSI (14):31.2
CS
Cointelegraph Staff
(02:56 PM UTC)
1 min read
DK
Verified byDavid Kim
620 views
0 comments

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.

Bitcoin traders: Sub-$80,000…

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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