Bitcoin Technical Analysis : BTC/USD 13 December 2022
13 December 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 13 December 2022
Pivot point : 16870
Our preference : as long as 16870 is support look for 17840.
Alternative scenario : the downside breakout of 16870 would call for 16500 and 16280.
Comment : the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 17145 and 17040).
Supports and resistances :
18070 **
17840 *
17620
17167 – Last price
16870
16500 *
16280 **
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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