Bitcoin (BTC) Technical Analysis today at 96820 and trading appears in a bearish trend. Where the digital currency price appears to be trading under most of the Moving Average indicators intersections, and as for the MACD indicator, it indicates the emergence of a negative trend.
Accordingly, in the case of selling, we will wait for the price to drop to 95976 to target the 94923 area with a stop loss at 98026.
Bitcoin (BTC) Technical Analysis: On the other hand,
in the case of buying, we will wait for the price to rise to the support area of 98026. The price may head to the 98787 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 97586.
- First resistance: 97244.
- Pivot level: 96928.
- First support: 96586.
- Second support: 96270
