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via Cointelegraph · By Cointelegraph Staff

Bitcoin Takes Pressure Off $60,000 as Bear Market Roadmap Continues

BTC

BTC/USDT

$62,688.00
+0.15%
24h Volume

$8,820,772,546.13

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.8%
Long: 61.8%Short: 38.2%
Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,696.00

-0.71%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,851.92
Resistance 1$63,073.97
Price$62,696.00
Support 1$62,392.38
Support 2$60,629.51
Support 3$57,800.19
Pivot (PP):$62,758.87
Trend:Downtrend
RSI (14):48.2
CS
Cointelegraph Staff
(03:17 PM UTC)
1 min read
EW
Updated byEmily Watson
604 views
0 comments

Bitcoin (BTC) approached intraday highs ahead of Monday’s Wall Street open, with $60,000 holding as key support.

Key points:

  • Bitcoin avoids another retest of $60,000 as Wall Street returns, but bear-market standards call for lower.
  • A rebound to $64,000 is being watched for signs that worse is yet to come.
  • Macro headwinds multiply as the Japanese yen reenters the picture.

Bitcoin price decides on…

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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