Community Articles

via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,716.61
+1.25%
24h Volume

$10,017,636,394.01

24h H/L

$63,999.00 / $62,436.59

Change: $1,562.41 (2.50%)

Long/Short
61.0%
Long: 61.0%Short: 39.0%
Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,219.99

0.12%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,887.74
Resistance 1$63,780.07
Price$63,219.99
Support 1$63,152.43
Support 2$60,643.48
Support 3$57,800.19
Pivot (PP):$62,958.86
Trend:Downtrend
RSI (14):50.1
CS
Cointelegraph Staff
(03:50 PM UTC)
1 min read
JM
Verified byJames Mitchell
996 views
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…

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.

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