Bitcoin (BTC) Technical Analysis today is at 82598, indicating a bearish trend. The cryptocurrency price appears to be trading below most Moving Average indicator crossovers, and the MACD indicator indicates a negative trend.
Accordingly, if we sell, we will wait for the price to drop to 82104 to target the 81488 area, with a stop-loss at 83207.
Bitcoin (BTC) Technical Analysis: On the other hand,
if we buy, we will wait for the price to rise to the 83207 resistance area. The price may head towards the 83661 area.
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 83089
- First Resistance: 82854
- Pivot Level: 82707
- First Support: 82472
- Second Support: 82325
