Market Analysis of Bitcoin on Tuesday 25 April 2023

2023-04-25 12:42Fonte:BtcDana

Bitcoin / Dollar intraday: rebound towards 28320

 

26940 is our pivot point.

 

Our preference:

Rebound towards 28320.

 

Alternative scenario:

The downside breakout of 26940 would call for 26430 and 26130.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 27396 and 27504).

https://asset.onetrader.online/upload/file/1682352000000/1682397792293.gif

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