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via CoinDesk · By CoinDesk Staff

BTC price analysis: Bitcoin absorbed $200 million profit-taking at $80,000

BTC

BTC/USDT

$65,208.98

+1.09%

$65,208.98

+1.09%

(24s)

24h Volume

$7,699,841,787.19

24h H/L

$65,577.00 / $64,293.81

Change: $1,283.19 (2.00%)

Long/Short

63.6%

Long: 63.6%Short: 36.4%

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,255.38

▼ -0.22%

Volume (24h): -

Resistance Levels

Resistance 3$70,325.10

Resistance 2$67,334.82

Resistance 1$65,886.72

Price$65,255.38

Support 1$65,052.99

Support 2$63,758.85

Support 3$61,544.56

Pivot (PP):$65,090.27

Trend:Uptrend

RSI (14):54.3

CoinDesk Staff

(12:56 PM UTC)

1 min read

Reviewed byJames Mitchell

980 views

0 comments

Bitcoin absorbed $200 million profit-taking at $80,000 in a bullish sign for BTC

Net realized profits hit a one-month high of $207.56 million Sunday as bitcoin crossed $80,000 for the first time since January, with the price holding above the breakout level into Tuesday despite the heavy sell-side flow.

Bitcoin bears likely consider $80,000 as an area to take profits around, but onchain data…

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.

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Source

CoinDesk Staff · CoinDesk

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