Market Anaysis of Bitcoin on Wednesday 26 January 2022

2022-01-26 09:50Source:BtcDana

Bitcoin / Dollar intraday: as long as 35800 is support look for 39100

 

Our pivot point is at 35800.

 

Our preference:

As long as 35800 is support look for 39100.

 

Alternative scenario:

The downside breakout of 35800 would call for 34720 and 34070.

 

Comment:

The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 36800 and 36510).


Analyst Views Chart


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