Market Analysis of Bitcoin on Thursday 15 February 2024

2024-02-15 11:26Source:BtcDana

Bitcoin / Dollar intraday: as long as 51150 is support look for 53360

 

Our pivot point stands at 51150.

 

Our preference:

As long as 51150 is support look for 53360.

 

Alternative scenario:

Below 51150, expect 50310 and 49820.

 

Comment:

The RSI is above its neutrality area at 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 51661 and 50570).

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