Market Analysis of Bitcoin on Friday 28 January 2022

2022-01-28 09:50Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 36900 is resistance

 

Our pivot point is at 36900.

 

Our preference:

The downside prevails as long as 36900 is resistance.

 

Alternative scenario:

Above 36900, look for 37970 and 38610.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 36488 and 36435).


Analyst Views Chart


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