Thursday, October 15, 2026

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FxWirePro: BTC/USD trades well above $400, good to buy at dips

Major support - $400 BTC/USD has slightly recovered till $422 after making a low of $403.It is currently trading around $420.66. Short term trend is slightly bullish as long as support $400 holds. On the lower side major…

By FxWire Pro
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FxWirePro: BTC/USD trades well above $400, good to buy at dips
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  • Major support   - $400
     
  • BTC/USD has slightly recovered till $422 after making a low of $403.It is currently trading around $420.66.
     
  • Short term trend is slightly bullish as long as support $400 holds.
     
  • On the lower side major support is around $400 and any break below $390 will drag the pair down till $380/$350 is possible.
     
  • BTC/USD major resistance is around $425 and break above targets $450/$465.The minor resistance is around $425.

     It is good to buy at dips around $410-$415 with SL around $400 for the TP of $450/$465.

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