Web Trader MT5 
Bitcoin Technical Analysis
Bitcoin is continuing its downtrend from the recent high near $95,000. Price found support at approximately $85,149, where a double bottom on the hourly chart seems to be forming.
The price is well below the yellow 30-period moving average. However, it’s starting to move sideways.
A bullish convergence may be forming on the MACD. While the MACD is negative, the signal line is starting to curve upward. This suggests that the selling pressure is exhausting.
If Bitcoin can hold the $85,000 level, we may see a relief rally toward the $88,000 – $90,000 zone. A break below $85,000 would be highly bearish.
BTCUSD 1H Chart
| Resistance | $87,045 | $87,756 | $88,185 |
| Support | $85,645 | $85,215 | $84,642 |
GBPUSD Technical Analysis
After hitting a peak of around 1.3437 on Thursday, GBPUSD has entered a period of lower highs. It is currently oscillating in a tight range. The price is currently trading below the 30-period moving average, which is acting as dynamic resistance.
MACD is hovering near the zero line and the signal line is flat, confirming a consolidation phase.
A break below the recent support at 1.3320 could trigger a deeper sell-off. Conversely, a sustained move back above 1.3380 is needed to regain bullish momentum.
GBPUSD 1H Chart
| Resistance | 1.3383 | 1.3400 | 1.3413 |
| Support | 1.3355 | 1.3339 | 1.3327 |
Nasdaq Technical Analysis
Nasdaq saw a significant rejection from the 25,879 level last Thursday. The chart shows a series of aggressive red candles on the 4H chart, indicating strong selling pressure.
There is a clear bearish crossover with shorter-term moving averages crossing below the 30-period moving average. MACD is deeply in negative territory. And the MACD line is accelerating away from the signal line, indicating that downward momentum is increasing.
The index looks oversold in the short term, but there are no signs of a reversal yet. Watch for a potential bounce or consolidation around 24,700 psychological support.
Nasdaq 4H Chart
| Resistance | 25,018 | 25,153 | 25,391 |
| Support | 24,751 | 24,650 | 24,532 |
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