Bitcoin Technical Analysis : BTC/USD 24 March 2022

24 March 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 24 March 2022

Bitcoin Technical Analysis : BTCUSD

Date : 24 March 2022

Pivot point : 41820

Our preference : as long as 41820 is support look for 45110.

Alternative scenario : below 41820, expect 40550 and 39790.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42732 and 42435).

Supports and resistances :

45860 **
45110 *
44350
42820 – Last price
41820
40550 *
39790 **

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

Source : Trading Central

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