Bitcoin (BTC) Technical Analysis: Bitcoin today is at 82732, showing a weak uptrend. The cryptocurrency price appears to be trading below most Moving Average indicator crossovers, and the MACD indicator indicates a weak positive trend.
Accordingly, if we sell, we will wait for the price to drop to 81968 to target the 81032 area, with a stop-loss at 83702.
Bitcoin (BTC) Technical Analysis: On the other hand,
if we buy, we will wait for the price to rise to the 83702 resistance area. The price may head towards the 84357 area.
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 83348.7
- First Resistance: 83173.4
- Pivot Level: 82897.7
- First Support: 82722.4
- Second Support: 82446.7
