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via Cointelegraph · By Cointelegraph Staff

Key Bitcoin Metric Suggest BTC Price Has Room for Further Expansion

BTC

BTC/USDT

$65,315.78

+1.14%

$65,315.78

+1.14%

(24s)

24h Volume

$7,744,176,452.88

24h H/L

$65,577.00 / $64,293.81

Change: $1,283.19 (2.00%)

Long/Short

63.5%

Long: 63.5%Short: 36.5%

Funding Rate

+0.0061%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,218.01

▼ -0.28%

Volume (24h): -

Resistance Levels

Resistance 3$70,325.10

Resistance 2$67,334.82

Resistance 1$65,886.72

Price$65,218.01

Support 1$64,498.41

Support 2$62,313.30

Support 3$61,044.16

Pivot (PP):$65,090.27

Trend:Uptrend

RSI (14):54.1

Cointelegraph Staff

(12:10 PM UTC)

1 min read

Approved byMichael Roberts

940 views

0 comments

Bitcoin (BTC) buyers resumed their activity during the early Asian trading hours on Wednesday, pushing the price to a new multi-month high of $82,240.

Onchain indicators, including the short-term holder (STH) cost basis, suggest that the BTC price can go higher, with the next big target at $92,000.

Key takeaways:

Bitcoin holders are back in profit, increasing the chances of reaching $92,000.
BTC…

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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Source

Cointelegraph Staff · Cointelegraph

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