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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,751.49

+0.05%

$79,751.49

+0.05%

(24s)

24h Volume

$6,256,966,816.94

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

(04:39 PM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

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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