Bitcoin (BTC) Technical Analysis: today at 97584 and trading appears in a downward direction. 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 96928 to target the 96082 area with a stop loss at 98572.
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 98572. The price may head to the 99277 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 98870.3.
- First resistance: 98410.6.
- Pivot level: 98020.3.
- First support: 97560.6.
- Second support: 97170.3.