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

BTC

BTC/USDT

$75,543.75

+8.10%

$75,543.75

+8.10%

(24s)

24h Volume

$40,447,103,390.77

24h H/L

$75,785.82 / $69,506.91

Change: $6,278.91 (9.03%)

Long/Short

51.0%

Long: 51.0%Short: 49.0%

Funding Rate

+0.0050%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$75,352.59

▲ 3.18%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$75,352.59

Support 1$73,884.38

Support 2$72,752.83

Support 3$70,151.58

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):83.3

Decrypt Editorial

(12:49 PM UTC)

1 min read

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…