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via Cointelegraph · By Cointelegraph Staff

Bitcoin Traders Prepare for New Local Highs as $80,000 Holds

BTC

BTC/USDT

$59,592.00

-1.96%

$59,592.00

-1.96%

(24s)

24h Volume

$29,339,140,664.43

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.6%

Long: 71.6%Short: 28.4%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,468.42

▼ -2.64%

Volume (24h): -

Resistance Levels

Resistance 3$62,909.86

Resistance 2$61,582.21

Resistance 1$59,848.61

Price$59,468.42

Support 1$59,453.63

Support 2$58,115.01

Support 3$51,387.09

Pivot (PP):$59,848.61

Trend:Downtrend

RSI (14):29.9

Cointelegraph Staff

(11:05 AM UTC)

1 min read

Approved byDavid Kim

756 views

0 comments

Bitcoin (BTC) starts a new week in fighting form as $80,000 support survives a volatile weekly close.

Key points:

Bitcoin preserves the potential for upside continuation as one trader pencils in $85,000 for the coming days.
Consolidation is also a popular prediction as BTC/USD surfs CME futures gaps and grabs liquidity.
The US-Iran war continues to provide snap market turbulence across crypto and…

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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