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via Cointelegraph · By Cointelegraph Staff
Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure
BTC
BTC/USDT
$77,156.52
-1.74%
$77,156.52
-1.74%
(24s)24h Volume
$17,870,152,453.42
24h H/L
$78,575.32 / $76,676.07
Change: $1,899.25 (2.48%)
Long/Short
62.7%
Long: 62.7%Short: 37.3%
Funding Rate
+0.0069%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:03 PM UTC)
1 min read
Key points:
- Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance.
- Altcoin buyers have left the scene, keeping in step with Bitcoin's slight correction.
Bitcoin (BTC) pulled back near $79,000 on Friday, but buying at lower levels pushed the price toward $80,000. The next big question on traders’ minds is whether BTC will resume its uptrend or higher levels…
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