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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

$84,780.01

+1.45%

$84,780.01

+1.45%

(24s)

24h Volume

$18,851,681,841.77

24h H/L

$84,942.45 / $83,346.66

Change: $1,595.79 (1.91%)

Long/Short

56.7%

Long: 56.7%Short: 43.3%

Funding Rate

+0.0019%

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

(01:58 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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