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via Cointelegraph · By Cointelegraph Staff

Bitcoin Traders Monitor $74K Support As Sell Pressure Increases

BTC

BTC/USDT

$79,792.58

+0.05%

$79,792.58

+0.05%

(24s)

24h Volume

$7,096,884,669.11

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,996.00

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,996.00

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.2

Cointelegraph Staff

(07:57 PM UTC)

1 min read

Updated byDavid Kim

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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Source

Cointelegraph Staff · Cointelegraph

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