Market Analysis of BITCOIN on Tuesday 24 January 2023

2023-01-24 12:53Fonte:BtcDana

 

Bitcoin / Dollar intraday: under pressure below 23020

 

Our pivot point stands at 23020.

 

Our preference:

Under pressure below 23020.

 

Alternative scenario:

The upside breakout of 23020, would call for 23300 and 23470.

 

Comment:

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 22796 and 22765).

https://asset.onetrader.online/upload/file/1674489600000/1674536039868.gif

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