Market Analysis of Bitcoin on Thursday 15 June 2

2023-06-15 10:20Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 26210 is resistance

 

Our pivot point is at 26210.

 

Our preference:

The downside prevails as long as 26210 is resistance.

 

Alternative scenario:

The upside breakout of 26210, would call for 26580 and 26800.

 

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 stands below its 20 and 50 period moving average (respectively at 25959 and 25935).

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