Bitcoin Technical Analysis : BTC/USD 24 January 2022

 Bitcoin Technical Analysis : BTC/USD 24 January 2022

Bitcoin Technical Analysis : BTCUSD

Date : 24 January 2022

Pivot point : 35890

Our preference : the downside prevails as long as 35890 is resistance.

Alternative scenario : above 35890, look for 36930 and 37550.

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 stands below its 20 and 50 period moving average (respectively at 35493 and 35500).

Supports and resistances :

37550 **
36930 *
35890
35075 – Last price
33810
33190 *
32570 **

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

Source : Trading Central

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