Market Analysis of Bitcoin on Monday 13 November 2023

2023-11-13 10:50Source:BtcDana

Bitcoin / Dollar intraday: as long as 36750 is support look for 37960

 

Our pivot point is at 36750.

 

Our preference:

As long as 36750 is support look for 37960.

 

Alternative scenario:

Below 36750, expect 36290 and 36020.

 

Comment:

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 37115 and 37058).

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