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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,025.39

+0.06%

$63,025.39

+0.06%

(24s)

24h Volume

$2,180,568,622.19

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

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

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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