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via Cointelegraph · By Cointelegraph Staff

Bitcoin Sell Off Poses Risk To Nascent Altcoin Season

BTC

BTC/USDT

$63,112.05
+0.11%
24h Volume

$2,113,393,849.52

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short
68.1%
Long: 68.1%Short: 31.9%
Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,100.89

0.02%

Volume (24h): -

Resistance Levels
Resistance 3$64,507.45
Resistance 2$63,879.31
Resistance 1$63,135.87
Price$63,100.89
Support 1$62,993.17
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.3
CS
Cointelegraph Staff
(07:33 PM UTC)
1 min read
MR
Reviewed byMichael Roberts

Key points:

  • Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control.
  • Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support.

Bitcoin (BTC) has dipped below $77,000, indicating that the bears are attempting to seize control. Glassnode said the true market mean at $78,300 has historically…

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Source

Cointelegraph Staff · Cointelegraph

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