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via The Block · By The Block Editorial

Bitcoin slide extends as record ETF outflows and 60% rate-hike probability signal structural cracks beneath the rally: analysts

BTC

BTC/USDT

$64,543.05
+0.95%
24h Volume

$4,292,236,230.42

24h H/L

$64,599.95 / $63,937.72

Change: $662.23 (1.04%)

Long/Short
65.3%
Long: 65.3%Short: 34.7%
Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,393.99

0.03%

Volume (24h): -

Resistance Levels
Resistance 3$70,467.59
Resistance 2$66,379.48
Resistance 1$65,295.47
Price$64,393.99
Support 1$64,050.00
Support 2$62,909.86
Support 3$61,824.97
Pivot (PP):$64,220.09
Trend:Uptrend
RSI (14):50.7
TB
The Block Editorial
(02:42 PM UTC)
1 min read
JM
Approved byJames Mitchell
700 views
0 comments

Bitcoin fell to roughly $76,700 Tuesday after spot ETF outflows of $649 million, the largest single-day decline since January, confirming what derivatives data had been signaling for weeks.

Analysts say bitcoin's brief recovery from February lows was running on leverage rather than fresh capital.

Data from research firm Kaiko shows spot volume for the top 10 crypto assets averaged roughly $80…

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

The Block Editorial · The Block

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