Community Articles

via The Block · By The Block Editorial

'Stuck in distribution': Bitcoin slips below $63,000 as analysts warn rallies are being sold, not bought

BTC

BTC/USDT

$62,756.12
+0.37%
24h Volume

$8,727,691,233.99

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.8%
Long: 61.8%Short: 38.2%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,726.97

-0.66%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,853.85
Resistance 1$63,135.55
Price$62,726.97
Support 1$62,398.28
Support 2$60,639.83
Support 3$57,800.19
Pivot (PP):$62,769.19
Trend:Downtrend
RSI (14):48.3
TB
The Block Editorial
(10:13 AM UTC)
1 min read
DK
Approved byDavid Kim
996 views
0 comments

Bitcoin slipped back below $63,000 on Tuesday, reversing Monday's brief rally to $64,000 as fresh selling pressure swept through risk assets. Ether remained below $1,700 while U.S. spot bitcoin exchange-traded funds logged another day of net outflows.

According to The Block’s prices page, bitcoin (BTC) last changed hands around $62,750, while ether (ETH) traded below $1,700.

Expand Chart

The…

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.

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 →

Comments
Comments