Market Analysis of Bitcoin on Wednesday 13 September 2023

2023-09-13 10:13Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 26080 is resistance

 

Our pivot point is at 26080.

 

Our preference:

The downside prevails as long as 26080 is resistance.

 

Alternative scenario:

Above 26080, look for 26360 and 26530.

 

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 26046 and 25867).

Analyst Views Chart

More