Bitcoin (BTC) Technical Analysis today at 97314 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 weak negative trend.
Accordingly, in the case of selling, we will wait for the price to fall to 96789 to target the 96022 area with a stop loss at 98194.
Bitcoin (BTC) Technical Analysis: On the other hand,
in the case of buying, we will wait for the price to rise to the resistance area of 98194. The price may head to the 98790 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 98360.4.
- First resistance: 97853.7.
- Pivot level: 97464.4.
- First support: 96957.7.
- Second support: 96568.4.
