Bitcoin Technical Analysis : BTC/USD 7 June 2021

7 June 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 7 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 7 June 2021

Pivot point : 35341

Our preference : the upside prevails as long as 35341 is support.

Alternative scenario : below 35341, expect 34145 and 33433.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 36139 and 36076).

Supports and resistances :

39135 **
38423 *
37711
36281 – Last price
35341
34145 *
33433 **

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

Source : Trading Central

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