Bitcoin Technical Analysis : BTC/USD 23 March 2023

23 March 2023 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 23 March 2023

Bitcoin Technical Analysis : BTCUSD

Date : 23 March 2023

Pivot point : 26950

Our preference : rebound towards 28410.

Alternative scenario : below 26950, expect 26400 and 26070.

Comment : the RSI is below its neutrality area at 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 27448 and 27966).

Supports and resistances :

28740 **
28410 *
28080
27409 – Last price
26950
26400 *
26070 **

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

Source : Trading Central

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