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via Cointelegraph · By Cointelegraph Staff

Bitcoin Eyes Independence Day at New July High as 200-week Trend Line Nears

BTC

BTC/USDT

$62,756.25

+0.37%

$62,756.25

+0.37%

(24s)

24h Volume

$8,726,663,938.14

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short

61.7%

Long: 61.7%Short: 38.3%

Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,726.97

▼ -0.66%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,853.85

Resistance 1$63,135.55

Price$62,726.97

Support 1$62,398.28

Support 2$60,639.83

Support 3$57,800.19

Pivot (PP):$62,769.19

Trend:Downtrend

RSI (14):48.3

Cointelegraph Staff

(03:11 PM UTC)

1 min read

Updated byMichael Roberts

940 views

0 comments

Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period.

Key points:

Bitcoin sustains upside momentum as BTC price action nears its 200-week moving average.
That trend line now forms the centerpoint of a "strong resistance area."
Global equities hit record levels as Fed rate-hike odds simmer on weaker jobs data.

Bitcoin buyers "chasing" as BTC price eyes key trend…

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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