Bitcoin Technical Analysis : BTC/USD 15 December 2021

15 December 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 15 December 2021

Bitcoin Technical Analysis : BTCUSD

Date : 15 December 2021

Pivot point : 47050

Our preference : the upside prevails as long as 47050 is support.

Alternative scenario : below 47050, expect 45620 and 44770.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 47341 and 47170).

Supports and resistances :

51710 **
50860 *
50000
48178 – Last price
47050
45620 *
44770 **

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

Source : Trading Central

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