Community Articles

via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,630.93
-1.83%
24h Volume

$17,604,151,710.65

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,697.72

0.05%

Volume (24h): -

Resistance Levels
Resistance 3$91,281.84
Resistance 2$88,315.23
Resistance 1$80,811.61
Price$79,697.72
Support 1$79,507.02
Support 2$76,172.06
Support 3$74,131.55
Pivot (PP):$79,916.17
Trend:Sideways
RSI (14):66.5
CS
Cointelegraph Staff
(03:17 PM UTC)
1 min read
EW
Updated byEmily Watson

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments