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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$64,376.68

+0.35%

$64,376.68

+0.35%

(24s)

24h Volume

$4,798,086,519.11

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short

65.4%

Long: 65.4%Short: 34.6%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,380.00

▲ 0.37%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,380.00

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,277.48

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.6

Cointelegraph Staff

(11:40 AM UTC)

1 min read

Verified byEmily Watson

676 views

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…

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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