Bitcoin Intraday: the upside prevails as long as 67350 is support
Bitcoin (BTC/USD)
-340.25-0.50%
the upside prevails as long as 67350 is support.
Our pivot point stands at 67350.
Our preference: the upside prevails as long as 67350 is support.
Alternative scenario: below 67350, expect 65920 and 65060.
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 68339 and 68061).
Supports and resistances:
72790 **
71940 *
71080 **
70230
68519 last
67920
67350 **
65920 *
65060 **
Our preference: the upside prevails as long as 67350 is support.
Alternative scenario: below 67350, expect 65920 and 65060.
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 68339 and 68061).
Supports and resistances:
72790 **
71940 *
71080 **
70230
68519 last
67920
67350 **
65920 *
65060 **
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