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via The Block · By The Block Editorial

'The rally that wasn't': Bitcoin slides 14% in one week as ETF outflows, Strategy sale and oil prices hit sentiment

BTC

BTC/USDT

$63,058.48

+0.01%

$63,058.48

+0.01%

(24s)

24h Volume

$2,453,339,665.29

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,057.37

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,303.26

Resistance 1$63,626.50

Price$63,057.37

Support 1$62,999.35

Support 2$61,868.90

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.0

The Block Editorial

(01:58 PM UTC)

1 min read

Updated byEmily Watson

0 comments

Bitcoin extended its downtrend again, trading near $62,400 in Thursday’s session as a rare sale by Strategy, accelerating spot ETF outflows, and a less forgiving macro backdrop converged to unwind what had looked like a tentative recovery.

The week's losses now stand at over 13%, according to The Block’s price page, with bitcoin's price (BTC) failing to hold above the $67,000-$68,000 range that…

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Source

The Block Editorial · The Block

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