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Bitcoin / Dollar intraday: rebound towards 44420

2023-12-25
1027

42570 is our pivot point.

Our preference: rebound towards 44420.

Alternative scenario: below 42570, expect 41850 and 41420.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (43132) but below its 50 period moving average (43404).

Supports and resistances:

45270 **

44840 *

44420 **

43990

43134 last

42850

42570 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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