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via Cointelegraph · By Cointelegraph Staff

Bitcoin Funding Flips Positive, Is $85K Next?

BTC

BTC/USDT

$79,749.72

-0.31%

$79,749.72

-0.31%

(24s)

24h Volume

$7,297,169,985.27

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,734.62

▼ -0.12%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,779.60

Price$79,734.62

Support 1$79,635.96

Support 2$77,303.91

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.4

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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