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via Cointelegraph · By Cointelegraph Staff

Bitcoin Trading at a 'Discount' on Coinbase: Is a Move to $76K Next for BTC?

BTC

BTC/USDT

$63,769.72

+0.41%

$63,769.72

+0.41%

(24s)

24h Volume

$12,989,313,384.22

24h H/L

$64,394.44 / $63,045.29

Change: $1,349.15 (2.14%)

Long/Short

62.1%

Long: 62.1%Short: 37.9%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,784.29

▲ 0.32%

Volume (24h): -

Resistance Levels

Resistance 3$71,013.81

Resistance 2$67,556.36

Resistance 1$64,183.54

Price$63,784.29

Support 1$62,903.04

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$63,695.47

Trend:Downtrend

RSI (14):33.8

Cointelegraph Staff

(07:42 PM UTC)

1 min read

Approved byDavid Kim

688 views

0 comments

Key takeaways:

The Coinbase Bitcoin discount likely stems from stablecoin outflows rather than actual institutional sell pressure.
Strategy continues buying Bitcoin as the market holds firm despite minor price differences across exchanges.

Bitcoin (BTC) showed resilience on Thursday by successfully defending the $79,000 level. However, some traders worry that upside momentum is stalling as Bitcoin…

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Source

Cointelegraph Staff · Cointelegraph

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