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via BeInCrypto · By BeInCrypto Editorial

Bitcoin Falls to 4-Month Low, But Analysts Eye a Cycle Bottom

BTC

BTC/USDT

$84,196.00

-0.77%

$84,196.00

-0.77%

(24s)

24h Volume

$12,780,093,789.70

24h H/L

$84,876.01 / $83,183.00

Change: $1,693.01 (2.04%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0003%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,159.94

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,179.33

Price$84,159.94

Support 1$84,021.79

Support 2$81,602.20

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.5

BeInCrypto Editorial

(10:04 AM UTC)

1 min read

Approved byMichael Roberts

0 comments

Bitcoin (BTC) dropped to roughly $61,500 in early Asian trading hours. This marked its lowest level since early February. Today’s sell-off wiped out more than $1 billion in leveraged positions across the crypto market in 24 hours.

Bitcoin (BTC) Price Performance. Source: BeInCrypto Markets

The decline extended a slide that has erased 20% Bitcoin’s value over the past month. Yet several…

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BeInCrypto Editorial · BeInCrypto

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