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via crypto.news · By crypto.news Editorial

Bitcoin investors face 20% average losses as key on-chain metric signals pressure

BTC

BTC/USDT

$62,621.58
+0.08%
24h Volume

$8,809,703,702.78

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.6%
Long: 61.6%Short: 38.4%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,646.83

-0.79%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,848.91
Resistance 1$63,117.74
Price$62,646.83
Support 1$61,603.59
Support 2$57,800.19
Support 3$50,986.64
Pivot (PP):$62,742.48
Trend:Downtrend
RSI (14):48.0
CE
crypto.news Editorial
(11:46 AM UTC)
1 min read
SC
Approved bySarah Chen
1372 views
0 comments

Bitcoin investors have entered an average unrealized loss of about 20%, while a key on-chain cost basis indicator has climbed to roughly $76,700, creating a resistance level that analysts say is weighing on the market.

Summary

  • CryptoQuant’s Darkfost says active Bitcoin investors are sitting on an average unrealized loss of about 20%.
  • Bitcoin’s True…

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

crypto.news Editorial · crypto.news

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