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via Cointelegraph · By Cointelegraph Staff

Bitcoin Sell Off Poses Risk To Nascent Altcoin Season

BTC

BTC/USDT

$79,989.56

+0.37%

$79,989.56

+0.37%

(24s)

24h Volume

$7,032,644,161.58

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.2%

Long: 53.2%Short: 46.8%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,967.99

▲ 0.17%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,967.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

Cointelegraph Staff

(07:33 PM UTC)

1 min read

Reviewed byMichael Roberts

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…

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Source

Cointelegraph Staff · Cointelegraph

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