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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,721.69

+1.08%

$63,721.69

+1.08%

(24s)

24h Volume

$13,158,977,638.27

24h H/L

$64,394.44 / $62,972.00

Change: $1,422.44 (2.26%)

Long/Short

62.8%

Long: 62.8%Short: 37.2%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,703.99

▲ 0.20%

Volume (24h): -

Resistance Levels

Resistance 3$71,013.02

Resistance 2$67,552.35

Resistance 1$64,197.82

Price$63,703.99

Support 1$62,904.14

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$63,654.22

Trend:Downtrend

RSI (14):33.5

Cointelegraph Staff

(11:49 AM UTC)

1 min read

Approved byDavid Kim

1004 views

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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