Bitcoin Technical Analysis : BTC/USD 29 March 2022

29 March 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 29 March 2022

Bitcoin Technical Analysis : BTCUSD

Date : 29 March 2022

Pivot point : 46240

Our preference : as long as 46240 is support look for 50180.

Alternative scenario : below 46240, expect 44840 and 44000.

Comment : the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 47617 and 47415).

Supports and resistances :

51020 **
50180 *
49330
47650 – Last price
46240
44840 *
44000 **

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

Source : Trading Central

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