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via CoinDesk · By CoinDesk Staff

Bitcoin price news: BTC may face deeper losses as capital chases AI stocks, K33 says

BTC

BTC/USDT

$84,116.64

-0.35%

$84,116.64

-0.35%

(24s)

24h Volume

$15,019,044,924.89

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(06:42 PM UTC)

1 min read

Updated bySarah Chen

0 comments

Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says

The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.

Bitcoin BTC$67,150.21 tumbling to $67,000 may signal a challenging summer ahead as investor capital continues flowing into artificial…

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Source

CoinDesk Staff · CoinDesk

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