Market Analysis of Bitcoin on Wednesday 29 March 2023

2023-03-29 12:43Fonte:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 26770 is support

 

Our pivot point stands at 26770.

 

Our preference:

The upside prevails as long as 26770 is support.

 

Alternative scenario:

Below 26770, expect 26200 and 25860.

 

Comment:

The RSI is above its neutrality area at 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 27107 and 27032).

https://asset.onetrader.online/upload/file/1680019200000/1680065005864.gif

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