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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

$79,622.01

-1.53%

$79,622.01

-1.53%

(24s)

24h Volume

$17,454,696,812.32

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

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…

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Source

Cointelegraph Staff · Cointelegraph

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