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via CoinDesk · By CoinDesk Staff

Bitcoin price analysis: BTC set to outperform after long, difficult stretch versus traditional assets

BTC

BTC/USDT

$79,935.99

+0.30%

$79,935.99

+0.30%

(24s)

24h Volume

$6,997,772,384.70

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,878.00

▲ 0.06%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,878.00

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.9

CoinDesk Staff

(07:00 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Bitcoin is ready to beat stocks and bonds again after underperformance against Wall Street

Former Credit Suisse global head of portfolio and Risk Dimensions CIO Mark Connors says bitcoin has broken out of its longest stretch of underperformance in history and is ready to beat stocks, bonds, and gold as inflation stubbornly sticks around.

Bitcoin BTC$75,784.98 may be entering a new period of…

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CoinDesk Staff · CoinDesk

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