Bitcoin Intraday: the upside prevails as long as 95100 is support

Bitcoin (BTC/USD)
+749.79+0.79%
the upside prevails as long as 95100 is support.
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Our pivot point is at 95100.

Our preference: the upside prevails as long as 95100 is support.

Alternative scenario: below 95100, expect 93790 and 93000.

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 95709 and 95934).

Supports and resistances:
100180 **
99400 *
98610 **
97830
96139 last
95620
95100 **
93790 *
93000 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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