Bitcoin Intraday: as long as 87690 is support look for 91330

Bitcoin (BTC/USD)
-264.96-0.30%
as long as 87690 is support look for 91330.
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87690 is our pivot point.

Our preference: as long as 87690 is support look for 91330.

Alternative scenario: below 87690, expect 86380 and 85600.

Comment: the RSI is above its neutrality area at 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 88768 and 88245).

Supports and resistances:
92900 **
92110 *
91330 **
90550
88980 last
88210
87690 **
86380 *
85600 **

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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