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via Cointelegraph · By Cointelegraph Staff
Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure
BTC
BTC/USDT
$77,826.76
+8.34%
$77,826.76
+8.34%
(24s)24h Volume
$48,179,013,678.33
24h H/L
$79,500.00 / $71,132.00
Change: $8,368.00 (11.76%)
Long/Short
51.5%
Long: 51.5%Short: 48.5%
Funding Rate
+0.0064%
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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