Bitcoin Price Fails to Retake $78,000 as Markets Eye Nvidia Earnings

BTC

BTC/USDT

$79,906.18

+0.35%

$79,906.18

+0.35%

(24s)

24h Volume

$7,100,711,062.69

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

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,977.99

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,977.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

Cointelegraph Staff

(04:15 PM UTC)

1 min read

Bitcoin (BTC) halted its latest recovery at Wednesday's Wall Street open as US traders sold off.

Key points:

Bitcoin nears $78,000 before the US open spoils momentum, continuing a trend from earlier in the week.
US stock markets await Nvidia earnings amid a tense macro atmosphere.
Bitcoin's Coinbase Premium sees multi-month lows in a sign of "soft" US demand.