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via CryptoPotato · By CryptoPotato Editorial

Buying Bitcoin Today Is Like Buying It at $2, Says Analyst

BTC

BTC/USDT

$64,520.00
+0.58%
24h Volume

$4,483,672,607.07

24h H/L

$64,599.95 / $63,810.00

Change: $789.95 (1.24%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,511.76

0.21%

Volume (24h): -

Resistance Levels
Resistance 3$70,467.59
Resistance 2$66,379.48
Resistance 1$64,562.78
Price$64,511.76
Support 1$64,050.00
Support 2$62,909.86
Support 3$61,824.97
Pivot (PP):$64,220.09
Trend:Uptrend
RSI (14):51.3
CE
CryptoPotato Editorial
(11:11 AM UTC)
1 min read
SC
Reviewed bySarah Chen
1036 views
0 comments

A crucial metric has also dropped to oversold territory, which has formed the bottom in previous cycles.

Depending on the scale you are looking at BTC, you can determine that the asset is either almost 50% away from its all-time high or it’s actually millions of percentages above its price observed a decade ago.

From a technical…

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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CryptoPotato Editorial · CryptoPotato

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