Bitcoin Technical Analysis : BTC/USD 15 December 2022

Bitcoin Technical Analysis : BTCUSD

Date : 15 December 2022

Pivot point : 17980

Our preference : the downside prevails as long as 17980 is resistance.

Alternative scenario : above 17980, look for 18200 and 18340.

Comment : the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 17927 and 17870).

Supports and resistances :

18340 **
18200 *
17980
17805 – Last price
17530
17400 *
17270 **

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

Source : Trading Central

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