Bitcoin Technical Analysis : BTC/USD 28 December 2022

28 December 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 28 December 2022

Bitcoin Technical Analysis : BTCUSD

Date : 28 December 2022

Pivot point : 16370

Our preference : rebound towards 17330.

Alternative scenario : below 16370, expect 16010 and 15790.

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 price stands below its 20 and 50 period moving average (respectively at 16677 and 16775).

Supports and resistances :

17550 **
17330 *
17120
16664 – Last price
16370
16010 *
15790 **

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

Source : Trading Central

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