Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed

BTC

BTC/USDT

$79,854.60

+0.26%

$79,854.60

+0.26%

(24s)

24h Volume

$7,096,489,415.21

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.2%

Long: 53.2%Short: 46.8%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,967.99

▲ 0.17%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,967.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

CoinDesk Staff

(02:24 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

As has been the case all week, bitcoin (BTC) is trading in a tight range around the $77,000 level in U.S. morning action.

There was some economic news on Friday morning, and it wasn't pretty. The University of Michigan Consumer Sentiment Index for May fell to a record low 44.8 from 48.2 previously and versus economist forecasts for 48.2. The Expectations Index also fell to a record low of 44.1.

The…