Friday, October 16, 2026

Technicals / Digital Currency

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BTC/USD faces strong resistance at $450, break above targets $465/$502

Major resistance - $450 BTC/USD has made a high of $440 and slightly retreated from that level. It is trading around $432.57. Short term trend is still bullish as long as support $400 holds. Any break below $400 confirms…

By Lis Howell
1 min read
BTC/USD faces strong resistance at $450, break above targets $465/$502
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  • Major resistance - $450
     
  • BTC/USD has made a high of $440 and slightly retreated from that level. It is trading around $432.57.
     
  • Short term trend is still bullish as long as support $400 holds.
     
  • Any break below $400 confirms minor trend reversal, decline till $370/$350 is possible.
     
  • On the higher side any break above $450 will take the pair to next level .

It is good to buy at dips around $420-$425 with SL around $400 for the TP of $465/$502

 

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