Community Articles

via CryptoPotato · By CryptoPotato Editorial

Bitcoin Just Hit 8 of 12 Capitulation Signals; VanEck Thinks the Pain May Be Nearing Its End

BTC

BTC/USDT

$68,014.96

+5.10%

$68,014.96

+5.10%

(24s)

24h Volume

$27,596,804,444.65

24h H/L

$69,500.00 / $64,166.00

Change: $5,334.00 (8.31%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$68,642.63

▲ 6.05%

Volume (24h): -

Resistance Levels

Resistance 3$71,924.22

Resistance 2$70,580.26

Resistance 1$69,500.00

Price$68,642.63

Support 1$67,300.42

Support 2$66,362.72

Support 3$64,901.59

Pivot (PP):$64,604.03

Trend:Uptrend

RSI (14):71.8

CryptoPotato Editorial

(12:11 PM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

VanEck is seeing Bitcoin nearing accumulation as eight capitulation signals flash.

Bitcoin posted a modest recovery on Wednesday, which helped it climb above $64,000. The cryptocurrency is still almost 50% down from its all-time high, but VanEck’s latest analysis revealed that 8 of 12 tracked signals in its “Bitcoin Capitulation…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CryptoPotato Editorial · CryptoPotato

Read original →

Live BTC price →More BTC news →

Comments