Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin Funding Hits 2-week High: Are Bulls Back?

BTC

BTC/USDT

$62,618.02

-2.30%

$62,618.02

-2.30%

(24s)

24h Volume

$17,126,939,653.57

24h H/L

$65,622.83 / $62,568.90

Change: $3,053.93 (4.88%)

Long/Short

65.6%

Long: 65.6%Short: 34.4%

Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,200.01

▼ -1.28%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,682.66

Resistance 1$63,950.81

Price$63,200.01

Support 1$62,846.20

Support 2$61,092.05

Support 3$59,130.91

Pivot (PP):$63,528.96

Trend:Downtrend

RSI (14):38.6

Cointelegraph Staff

(10:15 PM UTC)

1 min read

Reviewed byMichael Roberts

788 views

0 comments

Key takeaways:

The Bitcoin funding rate climbed to 7%, showing confidence, but spot ETF outflows keep a $70,000 breakout on hold for now.
Strong order-book bids and lower oil prices helped, but weakness across stocks, bonds, and gold signals a preference for cash.

Bitcoin (BTC) flirted with the $65,500 level on Monday after US Vice President JD Vance said that the Strait of Hormuz remains open amid…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments