Bitcoin Technical Analysis : BTC/USD 25 February 2021

25 February 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 25 February 2021

Bitcoin Technical Analysis : BTCUSD

Date : 25 February 2021

Pivot point : 48970

Our preference : the upside prevails as long as 48970 is support.

Alternative scenario : below 48970, expect 47209 and 46161.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 49918 and 49926).

Supports and resistances :

54660 **
53610 *
52560
50443 – Last price
48970
47209 *
46161 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 100% of our IB commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 100%