Market Analysis of Bitcoin on Thursday 10 February 2022

2022-02-10 09:55Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 43550 is support

 

Our pivot point is at 43550.

 

Our preference:

The upside prevails as long as 43550 is support.

 

Alternative scenario:

The downside breakout of 43550 would call for 42230 and 41440.

 

Comment:

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 44146 and 43919).

 

Analyst Views Chart



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