Bitcoin (BTC) Technical Analysis: Downtrend

Bitcoin (BTC) Technical Analysis today at 99743 and shows 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 buying, we will wait for the price to drop to 98905 to target the 100939 area with a stop loss at 97611.

Bitcoin (BTC) Technical Analysis: On the other hand,

On the other hand, in the case of selling, we will wait for the price to drop to the support area of ​​97611. The price may head to the 69719 area.

Bitcoin (BTC) Technical Analysis

Bitcoin (BTC) Technical Analysis: Resistance and support levels.

  • Second resistance: 101866.7.
  • First resistance: 100827.4.
  • Pivot level: 100260.7.
  • First support: 99221.4.
  • Second support: 98654.7.
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