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via Cointelegraph · By Cointelegraph Staff
Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure
BTCBTC · Live data
$85,278 +0.49%
- 24h Volume$5.81B
- 24h Low / High$84,558 / $85,428
- Long/Short1.22
- Funding Rate+0.0034%
Data provided by COINOTAG DATA
Bitcoin
BTC · Daily (1D)$85,294.66+0.64%
Volume (24h)-
Bitcoin Resistances
Resistance 1$86,574.67ATR Upper, Fibo 0.000+4
Resistance 2$88,540.67BB Upper
Bitcoin Supports
Support 1$84,798.04S1, Fibo 0.114+2
Support 2$83,262.38EMA 20, BB Middle+3
Pivot point (PP)$84,749.07
Trend (1D)Uptrend
Bitcoin Fibonacci Retracement
61.8%$69,105.66
50%$72,597.93
38.2%$76,090.20
RSI (14)65.4
Bitcoin technical analysis and outlook
Daily (1D) · Data provided by COINOTAG 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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