Bitcoin (BTC) Technical Analysis Today at 98997 and Trading Shows a Weak 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 weak negative trend.
Accordingly, in the case of buying, we will wait for the price to rise to 99899 to target the 101011 area with a stop loss at 97557.
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 97557. The price may head to the 96679 area.
Bitcoin (BTC) Technical Analysis: Resistance and support levels.
- Second resistance: 100046.7.
- First resistance: 99638.4.
- Pivot level: 98821.7.
- First support: 98413.4.
- Second support: 97596.7.
