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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

$64,225.00
+2.07%
24h Volume

$26,837,223,099.41

24h H/L

$64,700.00 / $61,306.84

Change: $3,393.16 (5.53%)

Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,819.37

0.27%

Volume (24h): -

Resistance Levels
Resistance 3$67,399.97
Resistance 2$65,682.91
Resistance 1$63,901.45
Price$63,819.37
Support 1$63,097.49
Support 2$61,690.97
Support 3$57,800.19
Pivot (PP):$63,034.12
Trend:Downtrend
RSI (14):52.4
TB
The Block Editorial
(01:58 PM UTC)
1 min read
EW
Updated byEmily Watson
1412 views
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…

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

The Block Editorial · The Block

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