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via Cointelegraph · By Cointelegraph Staff

Bitcoin is on the Verge of Locking in 3% May Losses

BTC

BTC/USDT

$84,319.98
-0.04%
24h Volume

$15,135,336,729.47

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.3%
Long: 58.3%Short: 41.8%
Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,123.41
Price$84,056.77
Support 1$84,021.79
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):64.1
CS
Cointelegraph Staff
(04:39 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May.

Key points:

  • Bitcoin looks set to end May "in the red" as the monthly candle close nears.
  • US labor-market data will form the key volatility catalyst for risk assets next week.
  • Bitcoin analysis says that $73,000 is the key line to watch for the monthly close.

Bitcoin eyes "red" May ahead of key US PMI data

Data from…

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Source

Cointelegraph Staff · Cointelegraph

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