Bitcoin Technical Analysis : BTC/USD 7 October 2021

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

Bitcoin Technical Analysis : BTC/USD 7 October 2021

Bitcoin Technical Analysis : BTCUSD

Date : 7 October 2021

Pivot point : 53756

Our preference : as long as 53756 is support look for 57984.

Alternative scenario : below 53756, expect 52122 and 51150.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 55029 and 53681).

Supports and resistances :

58956 **
57984 *
57011
55042 – Last price
53756
52122 *
51150 **

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.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 100% of our IB commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 100%