Market Analysis of Bitcoin on Monday 15 Apr 2024

2024-04-15 10:58Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 62880 is support

 

62880 is our pivot point.

 

Our preference:

The upside prevails as long as 62880 is support.

 

Alternative scenario:

Below 62880, expect 61430 and 60570.

 

Comment:

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading under its 20 period moving average (64230) but above its 50 period moving average (63756).

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