Bitcoin Technical Analysis : BTC/USD 29 March 2023

Bitcoin Technical Analysis : BTCUSD

Date : 29 March 2023

Pivot point : 26960

Our preference : the upside prevails as long as 26960 is support.

Alternative scenario : below 26960, expect 26380 and 26040.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 27329 and 27104).

Supports and resistances :

28810 **
28470 *
28120
27438 – Last price
26960
26380 *
26040 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.