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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$62,787.57
-0.58%
24h Volume

$3,505,022,251.57

24h H/L

$63,390.00 / $62,754.00

Change: $636.00 (1.01%)

Long/Short
69.3%
Long: 69.3%Short: 30.7%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,868.20

-0.35%

Volume (24h): -

Resistance Levels
Resistance 3$64,507.45
Resistance 2$63,879.31
Resistance 1$63,135.87
Price$62,868.20
Support 1$61,814.38
Support 2$61,056.47
Support 3$57,800.19
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):41.8
CS
Cointelegraph Staff
(11:05 AM UTC)
1 min read
DK
Approved byDavid Kim

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…

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Source

Cointelegraph Staff · Cointelegraph

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