Bitcoin (BTC) Technical Analysis today is at 83,700, and trading appears to be in a weak uptrend. The cryptocurrency price appears to be trading above 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 83205 to target the 82646 area, with a stop-loss at 84325.
Bitcoin (BTC) Technical Analysis: On the other hand,
if we buy, we will wait for the price to rise to the 84325 resistance area. The price may head towards the 84772 area.
Bitcoin (BTC) Technical Analysis: Resistance and Support Levels
- Second Resistance: 85384.3
- First Resistance: 84633.6
- Pivot Level: 84208.3
- First Support: 83457.6
- Second Support: 83032.3
