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via CoinDesk · By CoinDesk Staff

Bitcoin news: BTC could fall much lower as $150 billion Treasury operation nears

BTC

BTC/USDT

$84,212.01

-0.44%

$84,212.01

-0.44%

(24s)

24h Volume

$15,105,114,728.95

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.1%

Long: 58.1%Short: 41.9%

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(04:55 AM UTC)

1 min read

Updated byJames Mitchell

0 comments

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

One fund manager has issued a stark warning: Bitcoin’s BTC$72,869.14 ongoing selloff may deepen as upcoming U.S. Treasury operations are expected to drain roughly…

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Source

CoinDesk Staff · CoinDesk

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