Bitcoin Technical Analysis : BTC/USD 2 June 2021

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

Bitcoin Technical Analysis : BTC/USD 2 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 2 June 2021

Pivot point : 35740

Our preference : the upside prevails as long as 35740 is support.

Alternative scenario : below 35740, expect 34531 and 33811.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 36404 and 36451).

Supports and resistances :

39609 **
38888 *
38168
36718 – Last price
35740
34531 *
33811 **

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

Source : Trading Central

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