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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,521.92

-0.25%

$79,521.92

-0.25%

(24s)

24h Volume

$8,046,273,604.90

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,620.00

▼ -0.27%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,878.00

Price$79,620.00

Support 1$78,324.21

Support 2$73,033.65

Support 3$70,930.00

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):65.9

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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