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via Decrypt · By Decrypt Editorial

Bitcoin’s Dip Below $80K Could Be ‘Short-Lived’ as STRC Cycle Looms

BTC

BTC/USDT

$62,804.28
-1.87%
24h Volume

$18,342,704,645.20

24h H/L

$64,095.55 / $61,938.00

Change: $2,157.55 (3.48%)

Long/Short
67.2%
Long: 67.2%Short: 32.8%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,672.00

-0.10%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$64,241.09
Resistance 1$62,814.54
Price$62,672.00
Support 1$61,912.81
Support 2$60,603.05
Support 3$59,130.91
Pivot (PP):$62,799.18
Trend:Downtrend
RSI (14):37.2
DE
Decrypt Editorial
(12:49 PM UTC)
1 min read
MR
Reviewed byMichael Roberts
1348 views
0 comments

In brief

  • Bitcoin hit an intraday low of $78,795 as ETFs posted $630 million in outflows, the largest daily exit in three months.
  • Strategy's STRC stock has driven mid-month buying rallies, ramping up from 4,467 BTC in January to 46,872 BTC in April.
  • Myriad users remain optimistic, assigning an 85% chance that Bitcoin's next major move will take it to $84,000.

Bitcoin dipped below $80,000 this…

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

Decrypt Editorial · Decrypt

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