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via CoinDesk · By CoinDesk Staff

Bitcoin has shed $5,000 within days. What next?

BTC

BTC/USDT

$79,886.00

+0.21%

$79,886.00

+0.21%

(24s)

24h Volume

$7,058,658,353.70

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,996.00

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,996.00

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.2

CoinDesk Staff

(06:08 AM UTC)

1 min read

Approved bySarah Chen

0 comments

Bitcoin has shed $5,000 within days. The data says this selloff could worsen

Bitcoin has fallen about 6% from $82,000 to $76,800, but underlying data point to more than routine pullback.

Bitcoin BTC$76,866.23 has pulled back sharply from $82,000 to $76,800 in a matter of days. On the surface, a 6% decline after a strong rally from $60,000 can look like a routine pullback. However, the market data…

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CoinDesk Staff · CoinDesk

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