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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

$80,071.20

+0.64%

$80,071.20

+0.64%

(24s)

24h Volume

$6,390,490,709.41

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

-0.0006%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,926.58

▲ 0.33%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,810.13

Price$79,926.58

Support 1$79,916.17

Support 2$78,324.21

Support 3$76,182.96

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.0

CryptoSlate Editorial

(01:35 PM UTC)

1 min read

Verified byJames Mitchell

0 comments

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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CryptoSlate Editorial · CryptoSlate

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