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via Cointelegraph · By Cointelegraph Staff

Bitcoin Funding Flips Positive, Is $85K Next?

BTC

BTC/USDT

$64,148.00

+0.22%

$64,148.00

+0.22%

(24s)

24h Volume

$7,052,427,160.27

24h H/L

$64,588.00 / $63,730.21

Change: $857.79 (1.35%)

Long/Short

62.9%

Long: 62.9%Short: 37.1%

Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,193.92

▼ -0.16%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,229.92

Resistance 1$64,262.82

Price$64,193.92

Support 1$63,820.86

Support 2$62,208.69

Support 3$59,130.91

Pivot (PP):$64,227.36

Trend:Downtrend

RSI (14):40.3

Cointelegraph Staff

(02:42 AM UTC)

1 min read

Verified bySarah Chen

804 views

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…

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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