- Bitcoin price narrows towards $10,300 support after recovery on Monday failed to make headway above $10,500.
- Limiting immediate upward correction is the 50-day Simple Moving Average (SMA) at $10,433.
Spot rate: $10,296
Relative change: -7.229
BTC/USD Daily chart
Despite the lower correction following the rejection at $11,000, BTC/USD is still trading above the long-term bullish trendline.
The short-term analysis is bearish with the full stochastic oscillator sharply drop towards 50 after hitting highs of 86.364 in September.
BTC/USD 4-hour chart
$9,400-$9,200 is the major support zone after being tested three times in the last three months.
|Today last price||10309.21|
|Today Daily Change||-1.43|
|Today Daily Change %||-0.01|
|Today daily open||10310.64|
|Previous Daily High||10532.57|
|Previous Daily Low||10060.25|
|Previous Weekly High||10942.68|
|Previous Weekly Low||9541.38|
|Previous Monthly High||12325.08|
|Previous Monthly Low||9321.06|
|Daily Fibonacci 38.2%||10240.68|
|Daily Fibonacci 61.8%||10352.14|
|Daily Pivot Point S1||10069.74|
|Daily Pivot Point S2||9828.83|
|Daily Pivot Point S3||9597.42|
|Daily Pivot Point R1||10542.05|
|Daily Pivot Point R2||10773.47|
|Daily Pivot Point R3||11014.37|
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