Market Analysis of Bitcoin on Tuesday 28 February 2023

2023-02-28 12:39Fonte:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 21730 is support

 

Our pivot point is at 21730.

 

Our preference:

The upside prevails as long as 21730 is support.

 

Alternative scenario:

Below 21730, expect 21440 and 21260.

 

Comment:

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 21931 and 21860).

https://asset.onetrader.online/upload/file/1677513600000/1677559204436.gif

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