Market Analysis of Bitcoin on Wednesday 22 February 2023

2023-02-22 15:19Fonte:BtcDana

Bitcoin / Dollar intraday: rebound towards 25220

 

Our pivot point is at 24130.

 

Our preference:

Rebound towards 25220.

 

Alternative scenario:

The downside breakout of 24130 would call for 23740 and 23510.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 24574 and 24745).

https://asset.onetrader.online/upload/file/1676995200000/1677050367240.gif

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