Market Analysis of BITCOIN on Monday 26 September 2022

2022-09-26 09:47Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 19640

 

Our pivot point stands at 18330.

 

Our preference:

Rebound towards 19640.

 

Alternative scenario:

Below 18330, expect 17860 and 17590.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (18795) but below its 50 period moving average (19097).

https://asset.onetrader.online/upload/file/1664121600000/1664156900250.png

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