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via Cointelegraph · By Cointelegraph Staff

How low Will Bitcoin Price go if $60K Support Fails?

BTC

BTC/USDT

$63,061.03
-0.03%
24h Volume

$2,360,573,916.49

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,071.30

-0.02%

Volume (24h): -

Resistance Levels
Resistance 3$64,901.59
Resistance 2$63,882.58
Resistance 1$63,145.43
Price$63,071.30
Support 1$62,928.14
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.1
CS
Cointelegraph Staff
(12:24 PM UTC)
1 min read
DK
Updated byDavid Kim

Bitcoin (BTC) is heading for its worst weekly performance since November 2022, down around 15% week-to-date as of Friday.

BTC/USD weekly chart Source: TradingView

BTC was trading near $62,500 after briefly dropping toward $61,000 earlier in the session. The roughly $1,500 rebound showed bulls are still trying to defend the psychologically important $60,000 support level.

How low can Bitcoin go if it…

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Source

Cointelegraph Staff · Cointelegraph

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