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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$62,871.46

+0.28%

$62,871.46

+0.28%

(24s)

24h Volume

$11,368,783,582.46

24h H/L

$63,999.00 / $62,569.37

Change: $1,429.63 (2.28%)

Long/Short

63.2%

Long: 63.2%Short: 36.8%

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,859.45

▼ -1.24%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,623.02

Resistance 1$63,668.21

Price$62,859.45

Support 1$62,447.78

Support 2$60,710.84

Support 3$57,800.19

Pivot (PP):$63,136.77

Trend:Downtrend

RSI (14):48.7

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…

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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Source

Cointelegraph Staff · Cointelegraph

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