- BTC/USD fell from $7,371 to $7,295 this Thursday.
- The RSI indicator has settled around 57.40.
BTC/USD daily chart
BTC/USD encountered resistance at the SMA 50 curve and charted two consecutive bearish days. The price of the asset has fallen from $7,295 to $7,241.35 in the early hours of Friday. Despite bearish action, the price is still trending in an upwards channel formation. If the bears want to continue their momentum, they will need to break support at $6,949.16 and then $6,629.67 to fall below the channel formation. The 20-day Bollinger jaw expands slowly, indicating an increase in price volatility. The RSI is trending horizontally around the 57.40 mark.
|Today last price||7258.92|
|Today Daily Change||-36.25|
|Today Daily Change %||-0.50|
|Today daily open||7295.17|
|Previous Daily High||7375.98|
|Previous Daily Low||7111.06|
|Previous Weekly High||7254.75|
|Previous Weekly Low||5854.85|
|Previous Monthly High||9215.51|
|Previous Monthly Low||3886.49|
|Daily Fibonacci 38.2%||7212.26|
|Daily Fibonacci 61.8%||7274.78|
|Daily Pivot Point S1||7145.49|
|Daily Pivot Point S2||6995.81|
|Daily Pivot Point S3||6880.57|
|Daily Pivot Point R1||7410.41|
|Daily Pivot Point R2||7525.66|
|Daily Pivot Point R3||7675.33|
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