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19 Nov 2018
Bitcoin Technical Analysis: BTC/USD takes another big dive below $5,000 as traders are getting rid of crypto assets
BTC/USD 4-hour chart
- BTC/USD is trading in a bear trend below its 200-day simple moving average.
- BTC/USD is continuing the slide started last week dipping below the $5,000 level as technical indicators remain firmly in negative territories.
- There is no sign of a bottom. The next bear target becomes 4,000 figure.
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Additional key levels at a glance:
BTC/USD
Overview:
Last Price: 5081.76
Daily change: -4.8e+4 pips
Daily change: -8.60%
Daily Open: 5560.03
Trends:
Daily SMA20: 6158.1
Daily SMA50: 6320.75
Daily SMA100: 6448.22
Daily SMA200: 6903.9
Levels:
Daily High: 5662.08
Daily Low: 5502.59
Weekly High: 6383.15
Weekly Low: 5198.31
Monthly High: 6783.05
Monthly Low: 6060.88
Daily Fibonacci 38.2%: 5601.15
Daily Fibonacci 61.8%: 5563.52
Daily Pivot Point S1: 5487.72
Daily Pivot Point S2: 5415.41
Daily Pivot Point S3: 5328.24
Daily Pivot Point R1: 5647.21
Daily Pivot Point R2: 5734.39
Daily Pivot Point R3: 5806.7