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Bitcoin Technical Analysis: BTC/USD up more than 6% and challenging the 100-day simple moving average

BTC/USD daily chart

  • Bitcoin is trading below its 200-day simple moving average as bulls are testing the 100 SMA. 

 

BTC/USD 4-hour chart

  • Bitcoin is trading above its main SMAs suggesting bullish momentum in the medium-term. 


BTC/USD 30-minute chart

  • Bitcoin is trading above its main SMAs suggesting bullish momentum in the short-term.
  • Bulls will have to break above 3,912.00 to reach 4,000.00 figure and 4,230.00 resistances. 
  • To the downside, support is seen at 3,800.00; 3,700.00 and 3,550.00 level.


Additional key levels

BTC/USD

Overview:
    Today Last Price: 3862.4
    Today Daily change: 237.01 points
    Today Daily change %: 6.54%
    Today Daily Open: 3625.39
Trends:
    Daily SMA20: 3505.54
    Daily SMA50: 3611.36
    Daily SMA100: 4008.86
    Daily SMA200: 5301.45
Levels:
    Previous Daily High: 3664.66
    Previous Daily Low: 3556.71
    Previous Weekly High: 3655.36
    Previous Weekly Low: 3536.68
    Previous Monthly High: 4110.71
    Previous Monthly Low: 3341.58
    Daily Fibonacci 38.2%: 3623.42
    Daily Fibonacci 61.8%: 3597.95
    Daily Pivot Point S1: 3566.51
    Daily Pivot Point S2: 3507.64
    Daily Pivot Point S3: 3458.57
    Daily Pivot Point R1: 3674.46
    Daily Pivot Point R2: 3723.53
    Daily Pivot Point R3: 3782.4

 

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