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via Decrypt · By Decrypt Editorial

Bitcoin Traders Flip Bearish as BTC Falls to Lowest Price in Months

BTC

BTC/USDT

$62,569.80

-3.65%

$62,569.80

-3.65%

(24s)

24h Volume

$19,478,324,387.35

24h H/L

$65,146.00 / $61,938.00

Change: $3,208.00 (5.18%)

Long/Short

68.5%

Long: 68.5%Short: 31.4%

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,327.96

▼ -2.64%

Volume (24h): -

Resistance Levels

Resistance 3$65,654.82

Resistance 2$64,206.80

Resistance 1$62,878.49

Price$62,327.96

Support 1$61,834.89

Support 2$60,542.19

Support 3$59,114.43

Pivot (PP):$62,847.11

Trend:Downtrend

RSI (14):36.4

Decrypt Editorial

(03:35 PM UTC)

1 min read

Verified byDavid Kim

1388 views

0 comments

In brief

Traders have become bearish on Bitcoin, now favoring the next stop being $55,000 instead of $84,000.
The flip comes as Bitcoin continues to slide following Strategy's BTC sale and surging ETF outflows.
Bitcoin is now trading below $68,000—its lowest price in nearly two months.

Bitcoin traders are losing faith in the top crypto asset’s ability to jump higher in the near-term.

Predict…

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

Decrypt Editorial · Decrypt

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