This Bitcoin analysis reviews the cryptocurrency from technical aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the Bitcoin price changes.
Bitcoin Analysis & Live Chart
Bitcoin Technical Analysis
FenzoFx—Bitcoin bounced from the $81,160 key support and formed higher highs, exceeding the $83,520.
From a technical perspective, the current uptick in momentum could extend to the next resistance level if the price holds above the key support level. In this scenario, the next bullish target could be $84,720, followed by $86,340.
Conversely, a break below $81,160 support will likely trigger the downtrend, aiming for the $77,850 support.
Bitcoin Trends Through Technical Indicators
The widget below calculates BTC/USD market trends using multiple indicators, such as moving averages and oscillators. It allows you to review market trends across various time frames easily.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
Bitcoin Support and Resistance Levels
| Support | 81,160 | 77,850 | |
| Resistance | 83,520 | 84,720 | 86,340 |
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