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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

$63,061.02

-0.02%

$63,061.02

-0.02%

(24s)

24h Volume

$2,355,377,810.18

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,071.30

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.58

Resistance 1$63,145.43

Price$63,071.30

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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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