Market Analysis of Bitcoin on Monday 10 January 2022

2022-01-10 09:40Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 41420 is support

 

Our pivot point stands at 41420.

 

Our preference:

The upside prevails as long as 41420 is support.

 

Alternative scenario:

Below 41420, expect 40160 and 39410.

 

Comment:

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 41956 and 41824).


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