Bitcoin Intraday: the upside prevails as long as 66980 is support
Bitcoin (BTC/USD)
+618.64+0.93%
the upside prevails as long as 66980 is support.
Our pivot point is at 66980.
Our preference: the upside prevails as long as 66980 is support.
Alternative scenario: below 66980, expect 65550 and 64700.
Comment: the RSI is above 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 67540 and 67005).
Supports and resistances:
72440 **
71590 *
70740 **
69880
68130 last
67540
66980 **
65550 *
64700 **
Our preference: the upside prevails as long as 66980 is support.
Alternative scenario: below 66980, expect 65550 and 64700.
Comment: the RSI is above 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 67540 and 67005).
Supports and resistances:
72440 **
71590 *
70740 **
69880
68130 last
67540
66980 **
65550 *
64700 **
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