Bitcoin (BTC) Technical Analysis today at 79365 and trading appears in a downtrend. The digital currency price appears to be trading above 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 positive trend. Accordingly, in the case of buying, we will wait for the price to rise to 80200 to target the 81505 area with a stop loss at 77797
Bitcoin (BTC) Technical Analysis: On the other hand
On the other hand, in the case of selling, we will wait for the price to fall to the support area of 77797. The price may head to the 76767 area
Bitcoin (BTC) Technical Analysis: Resistance and support levels
- Second resistance: 80412
- First resistance: 80007
- Pivot level: 79605
- First support: 79200
- Second support: 78798
