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via Cointelegraph · By Cointelegraph Staff
Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April
BTC
BTC/USDT
$63,008.56
-0.07%
$63,008.56
-0.07%
(24s)24h Volume
$2,192,457,709.65
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0019%
Longs 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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