Bitcoin Technical Analysis : BTC/USD 25 June 2021

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

Bitcoin Technical Analysis : BTC/USD 25 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 25 June 2021

Pivot point : 33747

Our preference : as long as 33747 is support look for 37149.

Alternative scenario : below 33747, expect 32453 and 31683.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 34817 and 34178).

Supports and resistances :

37920 **
37149 *
36377
34833 – Last price
33747
32453 *
31683 **

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

Source : Trading Central

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