Market Analysis of Bitcoin on Tuesday 14 November 2023

2023-11-14 10:19Source:BtcDana

Bitcoin / Dollar intraday: rebound towards 37660

 

Our pivot point stands at 36400.

 

Our preference:

Rebound towards 37660.

 

Alternative scenario:

The downside breakout of 36400 would call for 35940 and 35670.

 

Comment:

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 36829 and 36968).

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