Market Analysis of Bitcoin on Wednesday 28 June 202

2023-06-28 10:07Source:BtcDana

Bitcoin / Dollar intraday: as long as 30300 is support look for 31450

 

Our pivot point is at 30300.

 

Our preference:

As long as 30300 is support look for 31450.

 

Alternative scenario:

The downside breakout of 30300 would call for 29860 and 29600.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (30671) but above its 50 period moving average (30458).

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