Market Analysis of Bitcoin on Thursday 23 March 2023

2023-03-23 12:54Fonte:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 27780 is resistance

 

27780 is our pivot point.

 

Our preference:

The downside prevails as long as 27780 is resistance.

 

Alternative scenario:

Above 27780, look for 28330 and 28660.

 

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 stands below its 20 and 50 period moving average (respectively at 28184 and 28171).

https://asset.onetrader.online/upload/file/1679500800000/1679547318688.gif

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