Bitcoin Technical Analysis : BTC/USD 24 December 2020

24 December 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 24 December 2020

Bitcoin Technical Analysis : BTCUSD

Date : 24 December 2020

Pivot point : 22542

Our preference : Rebound towards 24062.

Alternative scenario : Below 22542, expect 22025 and 21717.

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 23091 and 23352).

Supports and resistances :

24372 **
24062 *
23752
22967 – Last price
22745
22542 *
22025 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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