Market Analysis of Bitcoin on Friday 26 May 2023

2023-05-26 10:23Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 26210 is support

 

Our pivot point stands at 26210.

 

Our preference:

The upside prevails as long as 26210 is support.

 

Alternative scenario:

Below 26210, expect 25870 and 25670.

 

Comment:

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 26403 and 26304).

Analyst Views Chart

More