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via Cointelegraph · By Cointelegraph Staff

Bitcoin Will 'Likely' Break Support Next as $82,000 Stays Unflipped

BTC

BTC/USDT

$63,222.03

+0.17%

$63,222.03

+0.17%

(24s)

24h Volume

$2,801,588,105.56

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,140.05

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$66,088.35

Resistance 2$64,507.45

Resistance 1$63,398.11

Price$63,140.05

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.7

Cointelegraph Staff

(11:49 AM UTC)

1 min read

Approved byDavid Kim

0 comments

Bitcoin (BTC) risks starting its “next downtrend” as bulls fail to break beyond $82,000, the latest analysis warns.

Key points:

Bitcoin traders are beginning to sway toward a support retest or even a new "downtrend" for BTC/USD.
Current price behavior has retained overhead resistance, with bulls unable to push through $82,000.
Rangebound crypto markets spark $330 million in liquidations over 24…

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Source

Cointelegraph Staff · Cointelegraph

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