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via Cointelegraph · By Cointelegraph Staff

Bitcoin Traders Monitor $74K Support As Sell Pressure Increases

BTC

BTC/USDT

$62,672.00

+1.57%

$62,672.00

+1.57%

(24s)

24h Volume

$20,841,868,622.91

24h H/L

$62,997.53 / $60,755.00

Change: $2,242.53 (3.69%)

Long/Short

64.6%

Long: 64.6%Short: 35.4%

Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,974.00

▲ 2.38%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,094.45

Resistance 1$63,400.41

Price$62,974.00

Support 1$61,912.85

Support 2$59,130.91

Support 3$52,679.32

Pivot (PP):$62,494.17

Trend:Downtrend

RSI (14):30.5

Cointelegraph Staff

(07:57 PM UTC)

1 min read

Updated byDavid Kim

1460 views

0 comments

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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Cointelegraph Staff · Cointelegraph

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