BTC/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
BTC/USD is in a short-term downtrend with recent support around 64,000 to 63,100 holding after a dip. The price trades slightly above the 24 SMA but remains below the 100 SMA, indicating weak recovery and resistance near 67,349. The RSI at 43.8 shows mild bearish momentum but a potential short-term bounce. To shift momentum bullish, BTC needs to break above 65,170 and challenge the 100 SMA. Otherwise, further downside toward 63,100 is likely.



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