Bitcoin Intraday: as long as 86470 is support look for 89820
Bitcoin (BTC/USD)
+74.05+0.08%
as long as 86470 is support look for 89820.
Our pivot point stands at 86470.
Our preference: as long as 86470 is support look for 89820.
Alternative scenario: the downside breakout of 86470 would call for 85180 and 84410.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 87456 and 87247).
Supports and resistances:
91360 **
90590 *
89820 **
89050
87511 last
86980
86470 **
85180 *
84410 **
Our preference: as long as 86470 is support look for 89820.
Alternative scenario: the downside breakout of 86470 would call for 85180 and 84410.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 87456 and 87247).
Supports and resistances:
91360 **
90590 *
89820 **
89050
87511 last
86980
86470 **
85180 *
84410 **
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