Market Analysis of Bitcoin on Monday 2 October 2023

2023-10-02 10:26Source:BtcDana

Bitcoin / Dollar intraday: eye 26530

 

Our pivot point stands at 27350.

 

Our preference:

Eye 26530.

 

Alternative scenario:

Above 27350, look for 27660 and 27840.

 

Comment:

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (27153) but above its 50 period moving average (27098).

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