Bitcoin (BTC) Technical Analysis today is at 83545, and trading appears to be in a downtrend. The cryptocurrency price appears to be trading above most Moving Average indicator crossovers, and the MACD indicator indicates a positive trend.
Accordingly, if we buy, we will wait for the price to rise to 84360 to target the 85331 area, with a stop-loss at 82298.
Bitcoin (BTC) Technical Analysis: On the other hand,
if we sell, we will wait for the price to fall to the support area of 82298. The price may head towards the 81570 area.
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 84064.6
- First Resistance: 83847.3
- Pivot Level: 83638.6
- First Support: 83421.3
- Second Support: 83212.6
