Market Analysis of BITCOIN on Monday 30 September 2024

2024-09-30 10:05Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 66630 is resistance

66630 is our pivot point.

Our preference:

The downside prevails as long as 66630 is resistance.

Alternative scenario:

Above 66630, look for 67930 and 68700.

Comment:

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65768 and 65718).

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