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via The Block · By The Block Editorial

Bitcoin weakens near $72K as ETF outflows, stalled whale buying and macro uncertainty weigh on prices: analysts

BTC

BTC/USDT

$64,102.01

-0.25%

$64,102.01

-0.25%

(24s)

24h Volume

$11,925,537,561.74

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

63.0%

Long: 63.0%Short: 37.0%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,110.00

▲ 1.26%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,417.87

Resistance 1$64,737.60

Price$64,110.00

Support 1$63,307.38

Support 2$61,831.76

Support 3$59,130.91

Pivot (PP):$64,081.84

Trend:Downtrend

RSI (14):41.3

The Block Editorial

(12:49 PM UTC)

1 min read

Updated byMichael Roberts

684 views

0 comments

Bitcoin was trading near $72,000 on Monday as a third consecutive week of heavy institutional outflows and deteriorating onchain demand left the market without a near-term cushion.

U.S. spot bitcoin (BTC) exchange-traded funds shed $1.42 billion in the week of May 25–29, the third-highest weekly outflow on record for that product segment, Timothy Misir, head of research at BRN, said in a note…

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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The Block Editorial · The Block

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