Bitcoin Price Crashes To Precarious Position Near $65,000 As Momentum Rotates Into AI, IPOs

BTC

BTC/USDT

$79,650.68

-1.81%

$79,650.68

-1.81%

(24s)

24h Volume

$17,679,000,981.55

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

Bitcoin Magazine Editorial

(08:20 PM UTC)

1 min read

Approved bySarah Chen

0 comments

Bitcoin price is holding a risky position near $65,000 Wednesday, down roughly 12% over the past seven days and trading at its lowest level since February as a broad rotation out of crypto into competing speculative trades chips away at the foundation of its recent bull run.

The world’s largest cryptocurrency touched a bitcoin price of $65,158 earlier in the session before a partial…