Community Articles

via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$84,069.54

-0.08%

$84,069.54

-0.08%

(24s)

24h Volume

$15,263,969,648.42

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

Cointelegraph Staff

(03:43 PM UTC)

1 min read

Updated bySarah Chen

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments