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via Cointelegraph · By Cointelegraph Staff

Bitcoin Trader Sees Coinbase, Kimchi Premium Sparking New BTC Price Uptrend

BTC

BTC/USDT

$62,788.72
+0.20%
24h Volume

$8,849,986,982.82

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

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

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,662.02

-0.76%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,849.83
Resistance 1$63,068.30
Price$62,662.02
Support 1$61,606.97
Support 2$57,800.19
Support 3$50,986.64
Pivot (PP):$62,747.54
Trend:Downtrend
RSI (14):48.1
CS
Cointelegraph Staff
(01:00 PM UTC)
1 min read
MR
Approved byMichael Roberts
1180 views
0 comments

Bitcoin (BTC) has fulfilled two of three key conditions to spark the next BTC price “rally,” new analysis says.

Key points:

  • Bitcoin whales on Hyperliquid and Bitfinex are already pointing to the beginning of a BTC price uptrend, according to the latest findings.
  • Bitcoin markets now need demand to return in the form of the Coinbase and Kimchi Premium.
  • Other preconditions for a bear market bottom are…

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.

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Source

Cointelegraph Staff · Cointelegraph

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