Community Articles
via CoinDesk · By CoinDesk Staff
Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the breakout
BTC
BTC/USDT
$59,298.00
-0.97%
$59,298.00
-0.97%
(24s)24h Volume
$35,020,223,363.37
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
71.2%
Long: 71.2%Short: 28.8%
Funding Rate
-0.0015%
Shorts 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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles