Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin 'Trend Reversal Signal' Flashes as $82.5K Resistance Key for Bulls

BTC

BTC/USDT

$79,745.18

-0.38%

$79,745.18

-0.38%

(24s)

24h Volume

$7,227,335,778.06

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

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,734.62

▼ -0.12%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,779.60

Price$79,734.62

Support 1$79,635.96

Support 2$77,303.91

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.4

Cointelegraph Staff

(05:35 PM UTC)

1 min read

Approved byEmily Watson

0 comments

Bitcoin (BTC) could be set for an extended uptrend, with a pending bullish signal from a key valuation metric suggesting that BTC prices might go “much higher,” according to crypto analysts.

Key takeaways:

Bitcoin's MVRV golden cross signals a shift to bullishness, historically preceding prolonged price rallies.
Bitcoin traders argue $60,000 was the bear market bottom, see “huge” BTC price breakout…

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