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via The Block · By The Block Editorial

Coinbase strategist says institutions aren't panicking about bitcoin, 'love it even more' at lower prices

BTC

BTC/USDT

$62,756.12
+0.37%
24h Volume

$8,727,691,233.99

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.8%
Long: 61.8%Short: 38.2%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,726.97

-0.66%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,853.85
Resistance 1$63,135.55
Price$62,726.97
Support 1$62,398.28
Support 2$60,639.83
Support 3$57,800.19
Pivot (PP):$62,769.19
Trend:Downtrend
RSI (14):48.3
TB
The Block Editorial
(05:52 PM UTC)
1 min read
MR
Verified byMichael Roberts
1492 views
0 comments

Bitcoin's latest slide that saw it briefly dip below $60,000 on Friday has done little to shake institutional conviction, according to Coinbase Head of Institutional Strategy John D'Agostino, who said many large investors are using the downturn as an opportunity to accumulate.

Speaking on CNBC's Squawk Box segment on Monday, D'Agostino said family offices and sovereign wealth funds are…

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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The Block Editorial · The Block

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