Bitcoin Technical Analysis : BTC/USD 2 December 2021

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

Bitcoin Technical Analysis : BTC/USD 2 December 2021

Bitcoin Technical Analysis : BTCUSD

Date : 2 December 2021

Pivot point : 55560

Our preference : rebound towards 59980.

Alternative scenario : below 55560, expect 53870 and 52860.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 56897 and 57308).

Supports and resistances :

60990 **
59980 *
58970
56893 – Last price
55560
53870 *
52860 **

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

Source : Trading Central

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