Market Analysis of Bitcoin on Thursday 30 March 2023

2023-03-30 13:57Fonte:BtcDana

Bitcoin / Dollar intraday: as long as 27910 is support look for 29470

 

Our pivot point is at 27910.

 

Our preference:

As long as 27910 is support look for 29470.

 

Alternative scenario:

The downside breakout of 27910 would call for 27320 and 26960.

 

Comment:

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 28360 and 28053).

https://asset.onetrader.online/upload/file/1680105600000/1680155859936.gif

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