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via Cointelegraph · By Cointelegraph Staff
Bitcoin Traders Monitor $74K Support As Sell Pressure Increases
BTC
BTC/USDT
$63,189.99
+0.19%
$63,189.99
+0.19%
(24s)24h Volume
$2,788,635,377.11
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.5%
Long: 68.5%Short: 31.5%
Funding Rate
+0.0032%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:57 PM UTC)
1 min read
Bitcoin (BTC) lost its hold on the $80,000 level over the weekend, and data suggest that the cryptocurrency needs to trade above the $74,000-$75,000 range, as it has repeatedly served as key support over the last two years.
Crypto analyst Ardi said the next retest of the $74,000-$75,000 range could become the most important support test of the current bear market.
The analyst pointed to the…
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