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via Cointelegraph · By Cointelegraph Staff

Bitcoin Trader Sees Breakout Move 'Soon' With BTC Circling $77,000

BTC

BTC/USDT

$79,984.11

+0.45%

$79,984.11

+0.45%

(24s)

24h Volume

$7,104,140,593.79

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,977.99

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,977.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

Cointelegraph Staff

(03:50 PM UTC)

1 min read

Verified byJames Mitchell

0 comments

Bitcoin (BTC) focused on $77,000 on Thursday as analysis eyed a minimum 5% BTC price move.

Key points:

Bitcoin waits for a breakout move as it circles the $77,000 mark.
Analysis sees risk in shorting price at current levels, with bears in the firing line.
Macro hurdles keep risk assets down across the board, while US bond yields cool.

Data from TradingView showed BTC price action sticking to a narrow…

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Source

Cointelegraph Staff · Cointelegraph

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