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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

$79,692.51

-1.87%

$79,692.51

-1.87%

(24s)

24h Volume

$17,813,423,982.21

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0009%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

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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