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via CryptoSlate · By CryptoSlate Editorial

Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again

BTC

BTC/USDT

$63,053.27
-0.04%
24h Volume

$2,468,496,026.78

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,094.00

0.01%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.72
Resistance 2$64,322.29
Resistance 1$63,626.50
Price$63,094.00
Support 1$62,999.35
Support 2$61,363.17
Support 3$57,800.19
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.3
CE
CryptoSlate Editorial
(01:35 PM UTC)
1 min read
JM
Verified byJames Mitchell

Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle.

After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent CryptoSlate pieces as the difference between repair and renewed downside.

A June 2 break…

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Source

CryptoSlate Editorial · CryptoSlate

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