Bitcoin Technical Analysis : BTC/USD 16 December 2024

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 16 December 2024

Momentum : Up

First Scenario : long positions above 104,236.12 with targets at 105,635.56, 106,606.53 and 107,589.13

Second Scenario : short positions below 104,236.12 with targets at 103,372.42, 102,652.55 and 101,903.96

Comment : RSI - Bullish.

Supports and resistances :

107,589.13 **
106,606.53 *
105,635.56
104,934.22 - Last price
103,372.42
102,652.55 *
101,903.96 **

Warning : This information is not a buy-sell signal.