Market Analysis of Bitcoin on Friday 19 Apr 2024

2024-04-19 10:12Source:BtcDana

Bitcoin / Dollar intraday: as long as 62300 is support look for 66200

 

Our pivot point is at 62300.

 

Our preference:

As long as 62300 is support look for 66200.

 

Alternative scenario:

Below 62300, expect 60790 and 59900.

 

Comment:

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63452 and 62451).

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