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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,025.39
+0.06%
24h Volume

$2,180,639,217.68

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,987.62

-0.16%

Volume (24h): -

Resistance Levels
Resistance 3$64,507.45
Resistance 2$63,879.31
Resistance 1$63,135.87
Price$62,987.62
Support 1$62,882.63
Support 2$61,354.99
Support 3$57,800.19
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):42.5
CS
Cointelegraph Staff
(12:58 AM UTC)
1 min read
DK
Approved byDavid Kim

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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