Market Analysis of Bitcoin on Friday 26 Apr 2024

2024-04-26 10:01Source:BtcDana

Bitcoin / Dollar intraday: as long as 63260 is support look for 67280

 

Our pivot point is at 63260.

 

Our preference:

As long as 63260 is support look for 67280.

 

Alternative scenario:

Below 63260, expect 61700 and 60770.

 

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 64478 and 64205)

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