The BTC daily chart yesterday fell from a high of around 119200 to a low of around 116750, closing at around 117300. The support level is located around 116050; if broken, it can drop to near MA60. A pullback can be an opportunity to enter long positions nearby. The resistance level is around 119750; if broken, it can rise to around 121950. A rebound to nearby can be an opportunity to enter short positions. The MACD shows a decrease in long positions and has signs of forming a death cross. On the four-hour chart, the support level is around 116400; if broken, it can drop to around 114600. A pullback can be an opportunity to enter long positions nearby. The resistance level is around 118750; if broken, it can rise to near MA14. A rebound to nearby can be an opportunity to enter short positions. The MACD shows an increase in short positions.

BTC0.39%
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