Bitcoin Intraday: the upside prevails as long as 103630 is support
Bitcoin (BTC/USD)
+939.59+0.90%
the upside prevails as long as 103630 is support.
Our pivot point stands at 103630.
Our preference: the upside prevails as long as 103630 is support.
Alternative scenario: below 103630, expect 102000 and 101030.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 104654 and 104361).
Supports and resistances:
109920 **
108940 *
107970 **
107000
105060 last
104270
103630 **
102000 *
101030 **
Our preference: the upside prevails as long as 103630 is support.
Alternative scenario: below 103630, expect 102000 and 101030.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 104654 and 104361).
Supports and resistances:
109920 **
108940 *
107970 **
107000
105060 last
104270
103630 **
102000 *
101030 **
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