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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,715.10

+1.72%

$63,715.10

+1.72%

(24s)

24h Volume

$23,813,087,692.22

24h H/L

$63,999.00 / $61,306.84

Change: $2,692.16 (4.39%)

Long/Short

61.6%

Long: 61.6%Short: 38.4%

Funding Rate

+0.0055%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,669.99

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$67,303.38

Resistance 2$65,644.79

Resistance 1$63,690.97

Price$63,669.99

Support 1$62,937.74

Support 2$60,978.03

Support 3$57,800.19

Pivot (PP):$62,965.61

Trend:Downtrend

RSI (14):51.8

Cointelegraph Staff

(12:24 PM UTC)

1 min read

Updated byDavid Kim

1188 views

0 comments

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…

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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Cointelegraph Staff · Cointelegraph

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