Market Analysis of Bitcoin on Wednesday 15 December 2021

2021-12-15 09:25Source:BtcDana

Bitcoin / Dollar intraday: our next up target stands at 50420

 

46060 is our pivot point.

 

Our preference:

Our next up target stands at 50420.

 

Alternative scenario:

Below 46060, expect 44660 and 43830.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 47160 and 47020).



Analyst Views Chart


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