Bitcoin Technical Analysis : BTC/USD 19 January 2023

19 January 2023 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 19 January 2023

Bitcoin Technical Analysis : BTCUSD

Date : 19 January 2023

Pivot point : 20550

Our preference : rebound towards 21220.

Alternative scenario : below 20550, expect 20290 and 20140.

Comment : the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 20793 and 21055).

Supports and resistances :

21370 **
21220 *
21070
20760 – Last price
20550
20290 *
20140 **

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

Source : Trading Central

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