Bitcoin (BTC) Technical Analysis today at 65781 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 65430 to target the 64942 area with a stop loss at 66336
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 support area 66336. The price may head to the 66707 area
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 66442.3
- First Resistance: 66155.6
- Pivot Level: 65987.3
- First Support: 65700.6
- Second Support: 65532.3