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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$65,039.49

+1.37%

$65,039.49

+1.37%

(24s)

24h Volume

$13,489,769,043.41

24h H/L

$65,222.45 / $63,270.00

Change: $1,952.45 (3.09%)

Long/Short

60.8%

Long: 60.8%Short: 39.2%

Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,770.25

▲ 2.30%

Volume (24h): -

Resistance Levels

Resistance 3$70,990.46

Resistance 2$67,292.15

Resistance 1$65,875.55

Price$64,770.25

Support 1$64,268.88

Support 2$62,212.35

Support 3$59,130.91

Pivot (PP):$64,330.97

Trend:Downtrend

RSI (14):43.9

Cointelegraph Staff

(12:58 AM UTC)

1 min read

Approved byDavid Kim

860 views

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…

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

Cointelegraph Staff · Cointelegraph

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