Bitcoin Intraday: as long as 105140 is support look for 108760
Bitcoin (BTC/USD)
+606.91+0.58%
as long as 105140 is support look for 108760.
Our pivot point is at 105140.
Our preference: as long as 105140 is support look for 108760.
Alternative scenario: below 105140, expect 103780 and 102970.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 105749 and 104156).
Supports and resistances:
110390 **
109580 *
108760 **
107950
106208 last
105670
105140 **
103780 *
102970 **
Our preference: as long as 105140 is support look for 108760.
Alternative scenario: below 105140, expect 103780 and 102970.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 105749 and 104156).
Supports and resistances:
110390 **
109580 *
108760 **
107950
106208 last
105670
105140 **
103780 *
102970 **
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