Thursday, October 15, 2026

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BTC/USD forms triple bottom at $435, jump till $450/$470 is possible

Pattern Formed- Triple bottom Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for further weakness. Any bre…

By FxWire Pro
1 min read
BTC/USD forms triple bottom at $435, jump till $450/$470 is possible
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  • Pattern Formed- Triple bottom
     
  • Major support - $435
     
  • BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442.
     
  •  The pair should break below $435 for further weakness.
     
  • Any break below $435 will drag the pair down till $420 (55 day EMA)/$385 (200 day EMA).The minor support is around $448.
     
  • On the higher side resistance is at $470 and any indicative break above targets $504/$550.

It is good to buy around $443 with SL around $435 for the TP of $460/$470

 

 

 

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