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via Cointelegraph · By Cointelegraph Staff

Bitcoin Is At ‘Pivotal Level’ As $65K Downside Risk Looms: Analyst

BTC

BTC/USDT

$79,781.99

-0.01%

$79,781.99

-0.01%

(24s)

24h Volume

$6,257,858,171.09

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.7%

Long: 52.7%Short: 47.3%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,736.01

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,796.06

Price$79,736.01

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.6

Cointelegraph Staff

(12:58 AM UTC)

1 min read

Approved byDavid Kim

0 comments

Bitcoin could fall toward its February yearly low if it fails to maintain support above the $70,000 level, according to a crypto analyst.

“Bitcoin is at a pivotal level, and if it doesn't hold, we're buying at <$65K,” MN Trading Capital founder Michael van de Poppe said in an X post on Saturday. Bitcoin (BTC) reached a yearly low of $60,000 in early February before recovering to $73,873 at the…

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Source

Cointelegraph Staff · Cointelegraph

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