Market Analysis of Bitcoin on Tuesday 13 June 23

2023-06-13 10:30Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 26120 is resistance

 

26120 is our pivot point.

 

Our preference:

The downside prevails as long as 26120 is resistance.

 

Alternative scenario:

Above 26120, look for 26470 and 26680.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 25865 and 25893).

Analyst Views Chart

More