Bitcoin (BTC) Technical Analysis Today at 105713 and shows a weak downward trend. 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 weak positive trend.
Accordingly, in the case of buying, we will wait for the price to rise to 106384 to target the 107334 area with a stop loss at 104482
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 104482. The price may head to the 103769 area
Bitcoin (BTC) Technical Analysis: Resistance and support levels
- Second resistance: 107460
- First resistance: 106700
- Pivot level: 105520
- First support: 104760
- Second support: 103580
