BTC/USD Technical Analysis: Bitcoin breaks above 200 SMA and finds resistance at 5,200.00 level

BTC/USD daily chart

  • BTC/USD broke above its 200-day simple moving average (SMA) suggesting a potential bull market in the cryptocurrency.

BTC/USD 4-hour chart

  • BTC/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.
  • Bulls will need to break above the key 61.8% Fibonacci retracement at 5,200.00 to extend the trend towards 5,800.00 and 6,600.00 resistances.
  • Support is seen at 4,800.00 and 4,400.00 level.


Additional key levels


Today last price 5148.52
Today Daily Change 246.86
Today Daily Change % 5.04
Today daily open 4901.66
Daily SMA20 4040.32
Daily SMA50 3889.28
Daily SMA100 3769.76
Daily SMA200 4687.21
Previous Daily High 5089.9
Previous Daily Low 4132.18
Previous Weekly High 4100.77
Previous Weekly Low 3858.32
Previous Monthly High 4130.71
Previous Monthly Low 3672.34
Daily Fibonacci 38.2% 4724.05
Daily Fibonacci 61.8% 4498.03
Daily Pivot Point S1 4325.92
Daily Pivot Point S2 3750.19
Daily Pivot Point S3 3368.2
Daily Pivot Point R1 5283.65
Daily Pivot Point R2 5665.64
Daily Pivot Point R3 6241.37



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