Bitcoin (BTC) Technical Analysis: Today at 79293 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 event of a sale, we will wait for the price to drop to 78199 to target the 76254 area with a stop loss at 81408.
Bitcoin (BTC) Technical Analysis: On the other hand,
in the event of a sale, we will wait for the price to drop to the resistance area of 81408. The price may head to the 82770 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 80918.7.
- First resistance: 80139.4.
- Pivot level: 79697.7.
- First support: 78918.4.
- Second support: 78476.7.
