Bitcoin Technical Analysis : BTC/USD 27 January 2023

Bitcoin Technical Analysis : BTCUSD

Date : 27 January 2023

Pivot point : 23070

Our preference : the downside prevails as long as 23070 is resistance.

Alternative scenario : above 23070, look for 23370 and 23540.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 22916 and 22990).

Supports and resistances :

23540 **
23370 *
23070
22832 – Last price
22470
22290 *
22120 **

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

Source : Trading Central

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