Bitcoin Technical Analysis : BTC/USD 6 July 2021

6 July 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 6 July 2021

Bitcoin Technical Analysis : BTCUSD

Date : 6 July 2021

Pivot point : 33642

Our preference : the upside prevails as long as 33642 is support.

Alternative scenario : below 33642, expect 32374 and 31619.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 34080 and 34007). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 34668).

Supports and resistances :

37859 **
37100 *
36341
34777 – Last price
33642
32374 *
31619 **

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

Source : Trading Central

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