Bitcoin Technical Analysis : BTC/USD 14 October 2021

Bitcoin Technical Analysis : BTCUSD

Date : 14 October 2021

Pivot point : 56518

Our preference : as long as 56518 is support look for 61181.

Alternative scenario : below 56518, expect 54801 and 53779.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 57723 and 56473).

Supports and resistances :

62208 **
61181 *
60155
58006 – Last price
56518
54801 *
53779 **

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

Source : Trading Central

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