Bitcoin (BTC) Technical Analysis today at 60733 and trading appears in a weak downtrend. The digital currency price appears to be trading below most of the Moving Average indicators intersections with weakness in the general trend, and as for the MACD indicator, it indicates a weak negative trend.
Accordingly, in the case of selling, we will wait for the price to drop to 60387 to target the 59773 area with a stop loss at 61499
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 61499. The price may head to the 62025 area
Bitcoin (BTC) Technical Analysis: Resistance and support levels
- Second resistance: 61203.3
- First resistance: 61102.6
- Pivot level: 60980.3
- First support: 60757.3
- Second support: 60656.6
