Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin Miner Inflows Test BTC Demand Near $75K

BTC

BTC/USDT

$64,031.21
-0.49%
24h Volume

$15,571,530,402.65

24h H/L

$65,622.83 / $63,804.59

Change: $1,818.24 (2.85%)

Long/Short
64.9%
Long: 64.9%Short: 35.1%
Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,203.50

0.29%

Volume (24h): -

Resistance Levels
Resistance 3$66,822.51
Resistance 2$65,712.57
Resistance 1$64,291.54
Price$64,203.50
Support 1$63,984.61
Support 2$62,242.60
Support 3$59,130.91
Pivot (PP):$64,102.60
Trend:Downtrend
RSI (14):41.7
CS
Cointelegraph Staff
(10:04 PM UTC)
1 min read
SC
Approved bySarah Chen
516 views
0 comments

Bitcoin (BTC) miner inflows to Binance crossed 20,000 BTC for only the second time this year, placing fresh pressure on Bitcoin’s daily uptrend near the $75,000 support zone. Will BTC defend its higher-timeframe bullish structure, or is the market on the verge of a broader bearish trend shift? 

BTC miner supply meets weaker demand

Crypto analyst Amr Taha said miners transferred roughly 21,000…

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.

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

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments