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via CryptoPotato · By CryptoPotato Editorial

Bitcoin Is Back Above $80,000, But Fidelity Says the Bear Market May Not Be Over Yet

BTC

BTC/USDT

$79,616.00

-1.80%

$79,616.00

-1.80%

(24s)

24h Volume

$17,302,333,089.96

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

CryptoPotato Editorial

(07:11 AM UTC)

1 min read

Updated byEmily Watson

0 comments

Fidelity believes that while Bitcoin's strong August rally and other factors offer reasons for optimism, none confirm that the bear market has ended.

Bitcoin, once again, climbed above $80,000 after surging by 4.3% on Friday. The recent strength comes as a welcome change, as the crypto market spent much of the third quarter under…

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CryptoPotato Editorial · CryptoPotato

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