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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

$64,529.36

+0.65%

$64,529.36

+0.65%

(24s)

24h Volume

$4,468,696,250.09

24h H/L

$64,582.00 / $63,810.00

Change: $772.00 (1.21%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,511.76

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,511.76

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

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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