Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin Traders see No Bear-Market Bottom Until at Least Q3

BTC

BTC/USDT

$84,078.30

+0.08%

$84,078.30

+0.08%

(24s)

24h Volume

$15,429,391,700.81

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

Cointelegraph Staff

(11:40 AM UTC)

1 min read

Verified byEmily Watson

0 comments

Bitcoin (BTC) starts the second week of June with damage control — and new macro lows are still expected this year.

Traders see a relief bounce coming next for BTC price action, but the bottom, they agree, is not in.
US inflation data will test markets’ resolve as the US-Iran war drags on.
Peace-deal pledges by US President Donald Trump do little to stabilize the risk-asset picture.
Multiple…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments