Community Articles

via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,136.01
+0.03%
24h Volume

$2,101,173,732.65

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,100.89

0.02%

Volume (24h): -

Resistance Levels
Resistance 3$64,507.45
Resistance 2$63,879.31
Resistance 1$63,135.87
Price$63,100.89
Support 1$62,993.17
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.3
CS
Cointelegraph Staff
(03:50 PM UTC)
1 min read
JM
Verified byJames Mitchell

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…

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