Bitcoin Technical Analysis : BTC/USD 1 December 2021

Bitcoin Technical Analysis : BTCUSD

Date : 1 December 2021

Pivot point : 58170

Our preference : the downside prevails as long as 58170 is resistance.

Alternative scenario : above 58170, look for 59860 and 60860.

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 57215 and 57312).

Supports and resistances :

60860 **
59860 *
58170
56825 – Last price
54820
53810 *
52810 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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