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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

$84,748.00
+1.70%
24h Volume

$19,023,319,080.61

24h H/L

$84,942.45 / $83,327.60

Change: $1,614.85 (1.94%)

Long/Short
56.8%
Long: 56.8%Short: 43.2%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels
Resistance 3$99,648.20
Resistance 2$94,549.91
Resistance 1$85,369.74
Price$84,644.26
Support 1$84,364.01
Support 2$81,859.10
Support 3$77,001.87
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):66.0
DE
Decrypt Editorial
(12:49 PM UTC)
1 min read
MR
Reviewed byMichael Roberts

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…

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Source

Decrypt Editorial · Decrypt

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