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via Cointelegraph · By Cointelegraph Staff

Bitcoin Follows Oil Lower as Iran Boosts Stocks But Sends BTC Price Below $75K

BTC

BTC/USDT

$64,544.00

+0.92%

$64,544.00

+0.92%

(24s)

24h Volume

$4,301,435,233.03

24h H/L

$64,599.95 / $63,957.09

Change: $642.86 (1.01%)

Long/Short

65.3%

Long: 65.3%Short: 34.7%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,522.97

▲ 0.23%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,630.19

Price$64,522.97

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

Cointelegraph Staff

(04:47 PM UTC)

1 min read

Verified byDavid Kim

1196 views

0 comments

Bitcoin (BTC) fell back below $75,000 at Wednesday’s Wall Street open as relief over a US-Iran peace deal bypassed crypto.

Key points:

Bitcoin continues to diverge from US stocks despite good news over the US-Iran war.
BTC price action instead trends lower with oil amid improving odds of the Strait of Hormuz reopening.
Bitcoin traders see little reason to avoid new local lows nearer $70,000 next.

BTC…

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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