Community Articles

via Decrypt · By Decrypt Editorial

Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant

BTC

BTC/USDT

$62,858.00

-1.14%

$62,858.00

-1.14%

(24s)

24h Volume

$17,932,532,896.55

24h H/L

$63,604.00 / $61,938.00

Change: $1,666.00 (2.69%)

Long/Short

67.2%

Long: 67.2%Short: 32.8%

Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,710.01

▼ -0.04%

Volume (24h): -

Resistance Levels

Resistance 3$65,584.14

Resistance 2$64,241.09

Resistance 1$62,779.55

Price$62,710.01

Support 1$61,792.70

Support 2$60,548.28

Support 3$59,130.91

Pivot (PP):$62,763.78

Trend:Downtrend

RSI (14):37.3

Decrypt Editorial

(09:30 PM UTC)

1 min read

Verified byMichael Roberts

1148 views

0 comments

In brief

Bitcoin's price recently fell short of topping its 200-day moving average, the average closing price over the period.
The move mirrors its activity during 2022, which preceded a significant drop in the price.
Nevertheless, BTC is still well above a key support level around $70,000 as it trades below $80,000 on Wednesday.

Bitcoin was unable to surpass its 200-day moving average price…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Live BTC price →More BTC news →

Comments