Community Articles

via The Block · By The Block Editorial

'Materially softer demand': Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest

BTC

BTC/USDT

$84,859.67

+1.63%

$84,859.67

+1.63%

(24s)

24h Volume

$19,741,330,025.38

24h H/L

$85,255.00 / $83,346.66

Change: $1,908.34 (2.29%)

Long/Short

56.1%

Long: 56.1%Short: 43.9%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,562.97

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,562.97

Support 1$84,364.01

Support 2$81,128.61

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):65.8

The Block Editorial

(01:48 PM UTC)

1 min read

Updated byDavid Kim

0 comments

Bitcoin prices fell below $69,000 on Tuesday, touching its lowest level since early April, as a deepening institutional outflow streak, heavy liquidations, and stalling onchain capital compounded a week of deteriorating market structure.

The drop of more than 4% on the day left bitcoin (BTC) trading as low as $68,971 on The Block's price page, with Ethereum (ETH) holding just below $1,975 and…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

The Block Editorial · The Block

Read original →

Live BTC price →More BTC news →

Comments