Bitcoin Intraday: the upside prevails as long as 66070 is support
Bitcoin (BTC/USD)
+167.74+0.25%
the upside prevails as long as 66070 is support.
66070 is our pivot point.
Our preference: the upside prevails as long as 66070 is support.
Alternative scenario: below 66070, expect 64660 and 63820.
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 trading above both its 20 and 50 period moving average (respectively at 66752 and 67043).
Supports and resistances:
71490 **
70650 *
69810 **
68970
67171 last
66620
66070 **
64660 *
63820 **
Our preference: the upside prevails as long as 66070 is support.
Alternative scenario: below 66070, expect 64660 and 63820.
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 trading above both its 20 and 50 period moving average (respectively at 66752 and 67043).
Supports and resistances:
71490 **
70650 *
69810 **
68970
67171 last
66620
66070 **
64660 *
63820 **
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