Community Articles
via CoinDesk · By CoinDesk Staff
BTC price analysis: Bitcoin absorbed $200 million profit-taking at $80,000
BTC
BTC/USDT
$63,198.01
+0.21%
$63,198.01
+0.21%
(24s)24h Volume
$4,603,406,166.24
24h H/L
$63,390.00 / $62,716.00
Change: $674.00 (1.07%)
Long/Short
69.0%
Long: 69.0%Short: 31.0%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:56 PM UTC)
1 min read
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…
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