Market Analysis of Bitcoin on Thursday 14 September 2023

2023-09-14 10:13Source:BtcDana

Bitcoin / Dollar intraday: as long as 25920 is support look for 26720

 

Our pivot point stands at 25920.

 

Our preference:

As long as 25920 is support look for 26720.

 

Alternative scenario:

Below 25920, expect 25630 and 25460.

 

Comment:

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 26188 and 26055).

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