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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

$63,251.79
+0.03%
24h Volume

$25,596,408,587.12

24h H/L

$64,700.00 / $61,306.84

Change: $3,393.16 (5.53%)

Long/Short
60.5%
Long: 60.5%Short: 39.5%
Funding Rate

+0.0059%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,208.04

-1.30%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,643.88
Resistance 1$63,634.11
Price$63,208.04
Support 1$62,854.21
Support 2$61,278.47
Support 3$57,800.19
Pivot (PP):$63,556.28
Trend:Downtrend
RSI (14):49.7
CE
CryptoSlate Editorial
(01:35 PM UTC)
1 min read
JM
Verified byJames Mitchell
652 views
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…

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.

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Source

CryptoSlate Editorial · CryptoSlate

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