Market Analysis of Bitcoin on Thursday 09 February 2023

2023-02-09 10:16Source:BtcDana


Bitcoin / Dollar intraday: the downside prevails as long as 23150 is resistance

 

Our pivot point stands at 23150.

 

Our preference:

The downside prevails as long as 23150 is resistance.

 

Alternative scenario:

Above 23150, look for 23460 and 23640.

 

Comment:

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 22993 and 23139).

Analyst Views Chart


More