Market Analysis of Bitcoin on Monday 14 February 2022

2022-02-14 09:30Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 43330 is resistance

 

43330 is our pivot point.

 

Our preference:

The downside prevails as long as 43330 is resistance.

 

Alternative scenario:

Above 43330, look for 44580 and 45330.

 

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 is trading under both its 20 and 50 period moving average (respectively at 42397 and 42351).


Analyst Views Chart


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