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via Cointelegraph · By Cointelegraph Staff

Bitcoin Sellers Face 'Exhaustion' as They try to Force BTC Below $60,000

BTC

BTC/USDT

$64,337.39

+0.26%

$64,337.39

+0.26%

(24s)

24h Volume

$4,863,723,647.06

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short

65.4%

Long: 65.4%Short: 34.6%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,409.54

▲ 0.42%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,409.54

Support 1$64,050.00

Support 2$62,689.41

Support 3$61,277.48

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.8

Cointelegraph Staff

(03:43 PM UTC)

1 min read

Updated bySarah Chen

903 views

0 comments

Bitcoin (BTC) extended losses after Friday’s Wall Street open as traders prepared for a retest of $60,000.

Key points:

Bitcoin begins a battle to protect $60,000 support as sell-side pressure refuses to cool.
Analysis sees early signals that "seller exhaustion" is here.
US nonfarm payrolls data produce a stronger-than-expected picture of US labor market conditions.

Bitcoin battles for $60,000 support

Da…

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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