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via Cointelegraph · By Cointelegraph Staff
Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April
BTC
BTC/USDT
$84,089.47
-0.40%
$84,089.47
-0.40%
(24s)24h Volume
$15,077,485,187.68
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.3%
Long: 58.3%Short: 41.7%
Funding Rate
-0.0002%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(08:55 AM UTC)
1 min read
Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control.
Key points:
- Bitcoin drops under $70,000 to new two-month lows.
- Analysis sees 200-day trend lines coming back into play as bulls fail to rescue BTC price action.
- Stocks continue to post record highs while crypto stays bearish on US-Iran events.
BTC price analysis warns of "bearadise" as support…
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