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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

$62,108.00

-3.61%

$62,108.00

-3.61%

(24s)

24h Volume

$19,306,466,836.98

24h H/L

$64,659.43 / $61,938.00

Change: $2,721.43 (4.39%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

+0.0016%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,380.01

▼ -2.56%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,616.38

Resistance 1$62,887.16

Price$62,380.01

Support 1$61,834.89

Support 2$60,554.20

Support 3$59,126.00

Pivot (PP):$62,864.46

Trend:Downtrend

RSI (14):36.5

CoinDesk Staff

(06:42 PM UTC)

1 min read

Updated bySarah Chen

820 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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