Market Analysis of BITCOIN on Friday 13 September 2024

2024-09-13 10:06Source:BtcDana

Bitcoin / Dollar intraday: as long as 57190 is support look for 60290

Our pivot point stands at 57190.

Our preference:

As long as 57190 is support look for 60290.

Alternative scenario:

Below 57190, expect 56000 and 55280.

Comment:

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 58058 and 58017).

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