3h ago
BTC Holds Near $80K After $83K Rejection as Funding Turns Positive
Bitcoin is hovering around $80k after failing near $83k, with the market now watching the $84k–$90k area and the 200-day MA as the next resistance. On the downside, traders are tracking support near $79k–$80k and the $76k order block, with a deeper pullback potentially targeting the $70k region. On-chain data shows the prior $60k-to-$80k climb occurred alongside negative funding rates, while funding has recently shifted to about +0.002.