Bitcoin Technical Analysis : BTC/USD 7 November 2024

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 7 November 2024

Momentum : Down

First Scenario : short positions below 75,416.06 with targets at 74,122.58, 73,523.15 and 72,693.31

Second Scenario : long positions above 75,416.06 with targets at 76,521.46, 77,123.37 and 78,142.73

Comment : RSI - Bearish divergence.

Supports and resistances :

78,142.73 **
77,123.37 *
76,521.46
74,941.58 - Last price
74,122.58
73,523.15 *
72,693.31 **

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