Bitcoin Intraday: under pressure below 82090
Bitcoin (BTC/USD)
-93.97-0.12%
under pressure below 82090.
Our pivot point stands at 82090.
Our preference: under pressure below 82090.
Alternative scenario: above 82090, look for 83160 and 83800.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 81297 and 81216).
Supports and resistances:
83800 **
83160 *
82090 **
81141 last
79790
79150 **
78520 *
Our preference: under pressure below 82090.
Alternative scenario: above 82090, look for 83160 and 83800.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 81297 and 81216).
Supports and resistances:
83800 **
83160 *
82090 **
81141 last
79790
79150 **
78520 *
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