Bitcoin (BTC) Technical Analysis: Downtrend

Bitcoin (BTC) Technical Analysis Today at 94678 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 selling, we will wait for the price to fall to 94093 to target the 93460 area with a stop loss at 95192.

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 ​​95192. The price may head to the 95658 area.

Bitcoin (BTC) Technical Analysis

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

  • Second resistance: 96123.6.
  • First resistance: 95615.3.
  • Pivot level: 95044.6.
  • First support: 94536.3.
  • Second support: 93965.6
Related Articles