Thursday, October 15, 2026

Technicals / Digital Currency

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FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

BTC/USD has made a high of $425 and slightly declined from that level Overall trend is still bullish as long as support $380 holds. On the higher side major resistance is around $425 (61.8% retracement of $502 and $294) …

By Lis Howell
1 min read
FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
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BTC/USD has made a high of $425 and slightly declined from that level Overall trend is still bullish as long as support $380 holds.

  • On the higher side major resistance is around $425 (61.8% retracement of $502 and $294) and break above targets $450/$480 in short term.
     
  • The pair's minor support is around $398 and break below targets $389/$380.

It is good to buy at dips around $400 with SL around $380 for the TP of $449/$479

 

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