Bitcoin (BTC) Technical Analysis today at 91416 and trading appears in a downtrend. 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 90620 to target the 89517 area with a stop loss at 92786.
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 resistance area of 92786. The price may head to the 93617 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 92712.
- First resistance: 92122.
- Pivot level: 91788.
- First support: 91198.
- Second support: 90864
