Bitcoin Technical Analysis : BTC/USD 7 August 2023

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 7 August 2023

Momentum : Down

First Scenario : short positions below 29107 with targets at 28950, 28784 and 28574

Second Scenario : long positions above 29107 with targets at 29250, 29395 and 29586

Comment : The price movement is no clear trend.

Supports and resistances :

29586 **
29395 *
29250
29078 - Last price
28950
28784 *
28574 **

Warning : This information is not a buy-sell signal.