Bitcoin (BTC) Technical Analysis: Bearish trading

Bitcoin (BTC) Technical Analysis today at 67263 and trading appears in a bearish trend. The digital currency price appears to be trading below most of the Moving Average indicators intersections with the emergence of strength in the general trend, and as for the MACD indicator, it indicates a negative trend.

Accordingly, in the case of selling, we will wait for the price to drop to 66745 to target the 66125 area with a stop loss at 67816

Bitcoin (BTC) Technical Analysis: On the other hand

On the other hand, in the case of buying, we will wait for the price to rise to the support area of ​​67816. The price may head to the 68239 area

Bitcoin (BTC) Technical Analysis

Bitcoin (BTC) Technical Analysis: Resistance and Support Levels

  • Second Resistance: 67669.7
  • First Resistance: 67530.4
  • Pivot Level: 67257.7
  • First Support: 67118.4
  • Second Support: 66845.7
Related Articles