Market Analysis of Bitcoin on Friday 30 June 2023

2023-06-30 10:05Source:BtcDana

Bitcoin / Dollar intraday: as long as 30160 is support look for 31340

 

Our pivot point is at 30160.

 

Our preference:

As long as 30160 is support look for 31340.

 

Alternative scenario:

Below 30160, expect 29720 and 29460.

 

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 trading under its 20 period moving average (30584) but above its 50 period moving average (30353).

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