Thursday, October 15, 2026

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

Major Resistance - $428 BTC/USD has broken major resistance $428 and jumped till $432.87. It is currently trading around $429.50. Minor trend is bullish as long as support $416 (55 day 4H EMA) holds. On the lower side ma…

By FxWire Pro
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FxWirePro: BTC/USD trades in narrow range, good to buy at dips
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  • Major Resistance    - $428
     
  • BTC/USD has broken major resistance $428 and jumped till $432.87. It is currently trading around $429.50.
     
  • Minor trend is bullish as long as support $416 (55 day 4H EMA) holds.
     
  • On the lower side major support is around $415 and any break below $415 will drag the pair down till $400/$390 is possible.
     
  • BTC/USD major resistance is around $428 and break above targets $450/$465.The minor resistance is around $425.

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

 

 

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