Thursday, October 15, 2026

Technicals / Digital Currency

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FxWirePro: BTC/USD struggles to close above $425, good to buy at dips

BTC/USD has made a high of $426.75 and started to decline from that level . It is currently trading around $421.70. Short term trend is still bullish as long as support $390 holds. Any break below $390 confirms minor tre…

By Lis Howell
1 min read
FxWirePro: BTC/USD struggles to close above $425, good to buy at dips
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  • BTC/USD has made a high of $426.75 and started to decline from that level . It is currently trading around $421.70.
     
  • Short term trend is still bullish as long as support $390 holds.
     
  • Any break below $390 confirms minor trend reversal, decline till $370/$350 is possible .
     
  • On the higher side minor resistance is around $425 and break above targets $448/$465.

It is good to buy at dips around $410 with SL around $425 for the TP of $448/$465

 

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