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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$84,069.53
-0.11%
24h Volume

$15,283,996,402.31

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

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
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
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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