Market Analysis of Bitcoin on Wednesday 15 February 2023

2023-02-15 10:12Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 21970 is support

 

Our pivot point is at 21970.

 

Our preference:

The upside prevails as long as 21970 is support.

 

Alternative scenario:

Below 21970, expect 21670 and 21490.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 22012 and 21845).

Analyst Views Chart


More