Market Analysis of Bitcoin on Thursday 3 March 2022

2022-03-03 08:50Source:BtcDana

Bitcoin / Dollar intraday: as long as 42830 is support look for 46440

 

Our pivot point is at 42830.

 

Our preference:

As long as 42830 is support look for 46440.

 

Alternative scenario:

Below 42830, expect 41530 and 40760.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. the price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 43924 and 43396).


Analyst Views Chart


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