Bitcoin Technical Analysis : BTC/USD 25 January 2023

25 January 2023 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

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

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%