Bitcoin Technical Analysis : BTC/USD 25 June 2020

25 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 25 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 25 June 2020

Pivot point : 8988

Our preference : rebound towards 9563.

Alternative scenario : below 8988, expect 8773 and 8645.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9213 and 9317).

Supports and resistances :

9692 **
9563 *
9435
9176 – Last price
8988
8773 *
8645 **

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

Source : Trading Central

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