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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Michael Saylor Says Bitcoin Drop A 'Capital Rotation' To AI

BTC

BTC/USDT

$62,662.14

-2.10%

$62,662.14

-2.10%

(24s)

24h Volume

$18,816,580,294.47

24h H/L

$64,445.19 / $62,272.07

Change: $2,173.12 (3.49%)

Long/Short

66.2%

Long: 66.2%Short: 33.8%

Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,674.00

▼ -0.45%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,798.41

Resistance 1$62,983.97

Price$62,674.00

Support 1$61,870.64

Support 2$60,487.38

Support 3$59,130.91

Pivot (PP):$62,700.24

Trend:Downtrend

RSI (14):34.2

Bitcoin Magazine Editorial

(03:36 PM UTC)

1 min read

Approved bySarah Chen

812 views

0 comments

Bitcoin fell to as low as $61,400 overnight before trimming losses to $62,400 in premarket hours Thursday, down 7% over the past 24 hours and more than 14% over the past week. Strategy and Michael Saylor’s MSTR is down nearly 15% in 5 trading days.

The drop has pushed bitcoin into a technical bear market, with bitcoin now off 22.7% from its four-week high, wiping out more than $600 billion in…

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

Bitcoin Magazine Editorial · Bitcoin Magazine

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