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via crypto.news · By crypto.news Editorial

Bitcoin’s $85K rally started with ETFs, but leverage is rising

BTC

BTC/USDT

$83,983.24

-0.36%

$83,983.24

-0.36%

(24s)

24h Volume

$16,781,282,591.93

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.5%

Long: 58.5%Short: 41.5%

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$83,989.62

▼ -0.13%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$83,989.62

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

crypto.news Editorial

(07:04 PM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

Bitcoin has reached an eight-month high before retreating toward $85,000, as U.S. spot ETFs have drawn about $1.7 billion in two days and futures traders have added more than $2 billion in new positions.

Summary

U.S. spot Bitcoin ETFs took in $999 million on Sep. 21 and $714.7 million on Sep. 22.
BTCS adviser Wojciech Kaszycki sees a rally that began…

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crypto.news Editorial · crypto.news

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