Community Articles

via BeInCrypto · By BeInCrypto Editorial

Why Did Bitcoin Drop Below $70,000? Two Names Explain It

BTC

BTC/USDT

$79,962.93

+0.23%

$79,962.93

+0.23%

(24s)

24h Volume

$6,235,767,047.95

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,999.99

▲ 0.43%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$79,999.99

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.1

BeInCrypto Editorial

(08:41 AM UTC)

1 min read

Verified byEmily Watson

0 comments

Bitcoin slipped below $70,000 on Tuesday after the defunct Tokyo exchange Mt. Gox executed one of its largest on-chain transfers in months: $739 Million in BTC.

We break down what happened, the role Strategy played, and the key levels analysts are watching for what comes next.

Bitcoin (BTC) Price Performance. Source BeInCrypto

Why Bitcoin Just Dropped Below $70,000?

On-chain analytics showed Mt. Gox…

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

BeInCrypto Editorial · BeInCrypto

Read original →

Live BTC price →More BTC news →

Comments