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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,828.90
+0.77%
24h Volume

$17,751,457,307.11

24h H/L

$64,394.44 / $62,829.81

Change: $1,564.63 (2.49%)

Long/Short
61.9%
Long: 61.9%Short: 38.1%
Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,877.99

0.40%

Volume (24h): -

Resistance Levels
Resistance 3$70,964.83
Resistance 2$68,220.73
Resistance 1$64,650.15
Price$63,877.99
Support 1$62,958.46
Support 2$61,056.47
Support 3$59,130.91
Pivot (PP):$63,700.75
Trend:Downtrend
RSI (14):34.1
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…

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Source

Cointelegraph Staff · Cointelegraph

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