Reason to trust
Strict editing policies focused on accuracy, relevance and fairness
It was produced by an industry expert and examined three severely.
Best standard of reporting and publishing
Strict editing policies focused on accuracy, relevance and fairness
Lion’s soccer prices and players are soft. Each Arcu Lorem, all children or ULLAMCORPER FOOTBALL MATE is Ultricies.
Bitcoin Price started a new decline and tested the $ 104,200 zone. BTC is currently integrated and may have difficulty organizing the $ 106,800 resistance area.
- Bitcoin has started an integration stage of more than $ 104,000.
- The price is less than $ 106,000 and a simple transaction per hour.
- There is a strong trend line that provides $ 104,450 support in the hourly chart of the BTC/USD pair.
- The pair can start a new increase by removing the $ 106,800 resistance zone.
Bitcoin prices provide support
The Bitcoin Price has begun a new decline and traded under the $ 105,650 support area. The BTC even traded at $ 105,200 or less, testing the $ 104,200 zone.
The minimum is formed for $ 104,279 and the price is now integrated. There was more than $ 104,500, and after the recent $ 106,820 swing high, it was returned after a 23.6%FIB, which was recently decreased to $ 104,279.
Bitcoin is currently making less than $ 106,000 and less than a simple moving average per hour. There is also a strong trend line that provides $ 104,450 support on the BTC/USD pair. Conversely, immediate resistance is close to $ 105,500. Recently, it is close to the level of 50% FIB, which has recently decreased from $ 106,820 to $ 104,279.
The first main resistance is close to $ 106,220. The next key resistance can be $ 106,800. More than $ 106,800, the price can be higher. If specified, the price rises to test the $ 107,500 resistance level. No more profit can spend the price to $ 110,000.
Do you have more losses in BTC?
If Bitcoin does not exceed the $ 106,000 resistance area, another reduction may begin. Immediate support is close to $ 104,500 and the trend line. The first main support is close to $ 104,200.
The next support is now near $ 103,200. Loss is no longer available for $ 102,500 in the short term. The main support is $ 101,200, and the BTC below can get a weak momentum.
Technical indicators:
Time -MACD -MACD is now losing speed in the strong zone.
RSI (relative strength index) -The RSI of the BTC/USD is now less than 50.
Major support levels -$ 104,200, $ 103,200.
Main resistance level -$ 105,500 and $ 106,800.