Bitcoin (BTC) Technical Analysis today is at 84933, indicating an uptrend. The cryptocurrency price appears to be trading above most Moving Average indicator crossovers, and the MACD indicator indicates a positive trend.
Accordingly, in the case of a buy, we will wait for the price to rise to 85601 to target the 86457 area, with a stop-loss at 83934.
Bitcoin (BTC) Technical Analysis: On the other hand,
in the case of a bullish trend, we will wait for the price to fall to the 83934 resistance area. The price may head towards the 83303 area.
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 85275.4
- First Resistance: 85015.7
- Pivot Level: 84870.4
- First Support: 84610.7
- Second Support: 84465.4
