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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$64,292.42

-0.06%

$64,292.42

-0.06%

(24s)

24h Volume

$11,618,068,265.55

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

63.0%

Long: 63.0%Short: 37.0%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,300.00

▲ 1.56%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,444.00

Resistance 1$64,699.58

Price$64,300.00

Support 1$64,175.98

Support 2$61,895.10

Support 3$59,130.91

Pivot (PP):$64,145.17

Trend:Downtrend

RSI (14):42.1

Cointelegraph Staff

(04:39 PM UTC)

1 min read

Reviewed byJames Mitchell

932 views

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…

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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