Bitcoin (BTC) Technical Analysis Today at 104316 and Trading Shows a Weak Uptrend. 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 selling, we will wait for the price to drop to 103329 to target the 102225 area with a stop loss at 105648
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 105648. The price may head to the 106421 area
Bitcoin (BTC) Technical Analysis: Resistance and support levels
- Second resistance: 105140
- First resistance: 104770
- Pivot level: 104270
- First support: 103900
- Second support: 103400
