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via Cointelegraph · By Cointelegraph Staff

Bitcoin Sell Off Poses Risk To Nascent Altcoin Season

BTC

BTC/USDT

$62,713.88

-3.03%

$62,713.88

-3.03%

(24s)

24h Volume

$19,679,374,776.79

24h H/L

$64,805.07 / $61,938.00

Change: $2,867.07 (4.63%)

Long/Short

68.7%

Long: 68.7%Short: 31.3%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,254.00

▼ -2.76%

Volume (24h): -

Resistance Levels

Resistance 3$65,654.82

Resistance 2$64,293.11

Resistance 1$62,866.16

Price$62,254.00

Support 1$61,834.89

Support 2$60,524.98

Support 3$59,097.99

Pivot (PP):$62,822.46

Trend:Downtrend

RSI (14):36.2

Cointelegraph Staff

(07:33 PM UTC)

1 min read

Reviewed byMichael Roberts

1276 views

0 comments

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…

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

Cointelegraph Staff · Cointelegraph

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