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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

$63,632.00

+1.29%

$63,632.00

+1.29%

(24s)

24h Volume

$9,633,334,563.69

24h H/L

$63,907.07 / $62,666.00

Change: $1,241.07 (1.98%)

Long/Short

64.7%

Long: 64.7%Short: 35.3%

Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,615.50

▲ 0.11%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,689.01

Resistance 1$64,147.98

Price$63,615.50

Support 1$62,968.58

Support 2$61,470.57

Support 3$59,130.91

Pivot (PP):$63,614.24

Trend:Downtrend

RSI (14):37.7

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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