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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

$79,748.23

-0.38%

$79,748.23

-0.38%

(24s)

24h Volume

$7,280,251,762.79

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,734.62

▼ -0.12%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,779.60

Price$79,734.62

Support 1$79,635.96

Support 2$77,303.91

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.4

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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