Bitcoin Technical Analysis : BTC/USD 6 December 2022

Bitcoin Technical Analysis : BTCUSD

Date : 6 December 2022

Pivot point : 16690

Our preference : rebound towards 17670.

Alternative scenario : below 16690, expect 16330 and 16110.

Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (16985) but under its 50 period moving average (17134).

Supports and resistances :

17890 **
17670 *
17450
17009 – Last price
16690
16330 *
16110 **

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

Source : Trading Central

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