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via Cointelegraph · By Cointelegraph Staff

Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure

BTC

BTC/USDT

$63,332.01
+0.67%
24h Volume

$12,326,851,148.47

24h H/L

$63,777.00 / $62,316.44

Change: $1,460.56 (2.34%)

Long/Short
65.6%
Long: 65.6%Short: 34.4%
Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,340.58

-0.32%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$65,439.37
Resistance 1$64,008.40
Price$63,340.58
Support 1$62,830.47
Support 2$61,056.47
Support 3$59,130.91
Pivot (PP):$63,484.53
Trend:Downtrend
RSI (14):36.9
CS
Cointelegraph Staff
(07:03 PM UTC)
1 min read
DK
Approved byDavid Kim
1420 views
0 comments

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…

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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