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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,880.22
-0.15%
24h Volume

$7,240,435,072.92

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short
53.2%
Long: 53.2%Short: 46.8%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,744.00

-0.11%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$81,908.22
Resistance 1$79,779.60
Price$79,744.00
Support 1$79,635.96
Support 2$77,455.78
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):66.4
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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