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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%
$63,053.27
-0.04%
(24s)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
CE
CryptoSlate Editorial(01:35 PM UTC)
1 min read
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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