Bitcoin (BTC) Technical Analysis today at 61368 and trading appears in a downtrend. The digital currency price appears to be trading below most of the Moving Average indicator intersections with the emergence of strength 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 61057 to target the 60661 area with a stop loss at 61810
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 61810. The price may head to the 62081 area
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 62060.7
- First Resistance: 61641.4
- Pivot Level: 61420.7
- First Support: 61001.4
- Second Support: 60780.7
