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via CoinDesk · By CoinDesk Staff

Here's what could happen if bitcoin breaks below $60,000

BTC

BTC/USDT

$84,054.01

+0.01%

$84,054.01

+0.01%

(24s)

24h Volume

$15,253,582,043.07

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

CoinDesk Staff

(07:52 AM UTC)

1 min read

Verified byMichael Roberts

0 comments

A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit.

Bitcoin BTC$61,875.23 continues to lose ground and the price is fast closing on $60,000 amid record ETF outflows.

The $60,000 level has been widely cited by analysts as a major support, below which the selloff could get even uglier.

Jean-David Péquignot, the chief commercial officer at leading…

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CoinDesk Staff · CoinDesk

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