Friday, October 16, 2026

Digital Currency / Technicals

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FxWirePro: BTC/USD faces strong support around $335, good to buy at dips

BTC/USD has made a high of $369.70 and started to decline from that level. Short term trend is bullish as long as support $335 holds. Any break below $335 will drag the pair down till $328/$325. Overall bullish invalidat…

By Lis Howell
1 min read
FxWirePro: BTC/USD faces strong support around $335, good to buy at dips
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  • BTC/USD has made a high of $369.70 and started to decline from that level.  Short term trend is bullish as long as support $335 holds.
     
  • Any break below $335 will drag the pair down till $328/$325.
     
  • Overall bullish invalidation only below $300.
     
  • On the higher side major resistance is around $374 (38.2% retracement of $465 and $ 294) and break above targets $400/$420.

It is good to buy at dips around $348-350 with SL around $335 for the TP of $370/$396.    

 

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