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via CoinDesk · By CoinDesk Staff
Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the breakout
BTC
BTC/USDT
$64,697.48
+0.44%
$64,697.48
+0.44%
(24s)24h Volume
$4,972,792,976.90
24h H/L
$64,940.51 / $64,263.03
Change: $677.48 (1.05%)
Long/Short
64.0%
Long: 64.0%Short: 36.0%
Funding Rate
+0.0022%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(04:07 AM UTC)
1 min read
1340 views
0 commentsBTC has recovered from Friday’s jobs-driven dip, but Enflux says overhead resistance remains intact while Glassnode’s market structure data suggests traders are buying the rally while still positioning for downside.
Bitcoin is trading above $80,000, according to CoinDesk market data, after recovering from Friday’s dip, but the rebound still looks more like a market testing resistance than a…
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