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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

$63,127.44

+0.08%

$63,127.44

+0.08%

(24s)

24h Volume

$2,872,756,255.44

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,100.90

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,100.90

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

CoinDesk Staff

(04:07 AM UTC)

1 min read

Verified byEmily Watson

0 comments

BTC 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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Source

CoinDesk Staff · CoinDesk

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