Bitcoin Technical Analysis : BTC/USD 25 January 2023

Bitcoin Technical Analysis : BTCUSD

Date : 25 January 2023

Pivot point : 22790

Our preference : the downside prevails as long as 22790 is resistance.

Alternative scenario : above 22790, look for 23080 and 23260.

Comment : the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 22768 and 22899).

Supports and resistances :

23260 **
23080 *
22790
22549 – Last price
22190
22020 *
21840 **

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

Source : Trading Central

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