Bitcoin Technical Analysis : BTC/USD 2 July 2021

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

Bitcoin Technical Analysis : BTC/USD 2 July 2021

Bitcoin Technical Analysis : BTCUSD

Date : 2 July 2021

Pivot point : 34096

Our preference : the downside prevails as long as 34096 is resistance.

Alternative scenario : above 34096, look for 35322 and 36053.

Comment : the RSI is below its neutrality area at 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 33342 and 33448).

Supports and resistances :

36053 **
35322 *
34096
33132 – Last price
31668
30938 *
30208 **

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

Source : Trading Central

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