Bitcoin Technical Analysis : BTC/USD 9 February 2022

9 February 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 9 February 2022

Bitcoin Technical Analysis : BTCUSD

Date : 9 February 2022

Pivot point : 44410

Our preference : the downside prevails as long as 44410 is resistance.

Alternative scenario : above 44410, look for 45700 and 46470.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 43833 and 43799).

Supports and resistances :

46470 **
45700 *
44410
43401 – Last price
41820
41060 *
40290 **

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

Source : Trading Central

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