Bitcoin Technical Analysis : BTC/USD 14 March 2023

Bitcoin Technical Analysis : BTCUSD

Date : 14 March 2023

Pivot point : 24130

Our preference : as long as 24130 is support look for 25400.

Alternative scenario : the downside breakout of 24130 would call for 23650 and 23360.

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 24341 and 23519).

Supports and resistances :

25680 **
25400 *
25110
24517 – Last price
24130
23650 *
23360 **

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

Source : Trading Central

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