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via Cointelegraph · By Cointelegraph Staff

Bitcoin Funding Flips Positive, Is $85K Next?

BTC

BTC/USDT

$62,797.82

-0.56%

$62,797.82

-0.56%

(24s)

24h Volume

$3,495,346,996.24

24h H/L

$63,390.00 / $62,754.00

Change: $636.00 (1.01%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

+0.0028%

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

(02:42 AM UTC)

1 min read

Verified bySarah Chen

0 comments

Key takeaways:

Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally.
Reduced odds of a peace plan between the US and Iran, and high oil prices, could impede Bitcoin’s price discovery.

Bitcoin (BTC) flirted with the $82,000 level on Monday, sparking a brief surge in demand for bullish leverage. Bitcoin has held near…

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Cointelegraph Staff · Cointelegraph

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