Bitcoin (BTC) Technical Analysis: Today at 94764 and Trading Shows a Downward 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 fall to 94211 to target the 93588 area with a stop loss at 95518.
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 95518. The price may head to the 95933 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 96386.3.
- First resistance: 95701.6.
- Pivot level: 95219.3.
- First support: 94534.6.
- Second support: 94052.3.
