Market Analysis of Bitcoin on Friday 10 November 2023

2023-11-10 10:10Source:BtcDana

Bitcoin / Dollar intraday: eye 35350

 

Our pivot point stands at 36940.

 

Our preference:

Eye 35350.

 

Alternative scenario:

The upside breakout of 36940, would call for 37390 and 37660.

 

Comment:

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (36762) but above its 50 period moving average (36470).

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