Bitcoin (BTC) Technical Analysis Today at 84869 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 drop to 84037 to target the 82917 area with a stop loss at 86012.
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 86012. The price may head to the 86671 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 86367.
- First resistance: 85609.
- Pivot level: 84950.
- First support: 84192.
- Second support: 83533
