Bitcoin (BTC) Technical Analysis: Downtrend

Bitcoin (BTC) Technical Analysis Today at 93439 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 case of selling, we will wait for the price to fall to 92095 to target the 30348 area with a stop loss at 95183.

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 ​​95183. The price may head to the 96394 area.

Bitcoin (BTC) Technical Analysis

Bitcoin (BTC) Technical Analysis: Resistance and support levels.

  • Second resistance: 95057.7.
  • First resistance: 94529.4.
  • Pivot level: 93810.7.
  • First support: 93282.4.
  • Second support: 92563.7.
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