Bitcoin (BTC) Technical Analysis today at 63418 and trading appears in a downtrend. The digital currency price appears to be trading below most of the Moving Average indicator intersections with weakness in the general trend, and as for the MACD indicator, it indicates a negative trend.
Accordingly, in the case of selling, we will wait for the price to drop to 63156 to target the 62802 area with a stop loss at 63786
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 resistance area of 63786. The price may head to the 64048 area
Bitcoin (BTC) Technical Analysis: Resistance and support levels
- Second resistance: 63899.3
- First resistance: 63746.6
- Pivot level: 63577.3
- First support: 63255.3
- Second support: 63102.6
