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via Cointelegraph · By Cointelegraph Staff

Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April

BTC

BTC/USDT

$62,600.00

-3.23%

$62,600.00

-3.23%

(24s)

24h Volume

$19,818,753,308.51

24h H/L

$64,805.07 / $61,938.00

Change: $2,867.07 (4.63%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,254.00

▼ -2.76%

Volume (24h): -

Resistance Levels

Resistance 3$65,654.82

Resistance 2$64,293.11

Resistance 1$62,866.16

Price$62,254.00

Support 1$61,834.89

Support 2$60,524.98

Support 3$59,097.99

Pivot (PP):$62,822.46

Trend:Downtrend

RSI (14):36.2

Cointelegraph Staff

(08:55 AM UTC)

1 min read

Verified bySarah Chen

1484 views

0 comments

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…

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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