Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin Rally Stalls At $80K But Bulls Anticipate A Pro-Crypto Fed Chair

BTC

BTC/USDT

$64,157.87

-0.64%

$64,157.87

-0.64%

(24s)

24h Volume

$16,108,796,883.73

24h H/L

$65,622.83 / $63,804.59

Change: $1,818.24 (2.85%)

Long/Short

64.7%

Long: 64.7%Short: 35.3%

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,194.01

▲ 0.27%

Volume (24h): -

Resistance Levels

Resistance 3$66,822.51

Resistance 2$65,712.57

Resistance 1$64,287.61

Price$64,194.01

Support 1$63,982.24

Support 2$62,237.94

Support 3$59,130.91

Pivot (PP):$64,098.68

Trend:Downtrend

RSI (14):41.7

Cointelegraph Staff

(11:57 PM UTC)

1 min read

Approved byMichael Roberts

812 views

0 comments

Key takeaways:

A weakening US dollar and higher government debt favor scarce assets, even as spot Bitcoin ETF outflows and low retail demand spark some concern.
Traders expect Kevin Warsh to become Fed Chair, which could benefit Bitcoin.

Bitcoin (BTC) stagnated near $80,000 on Friday following a rejection at $82,500. Traders grew anxious after US-listed spot Bitcoin exchange-traded funds (ETFs)…

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

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments