Bitcoin Intraday: under pressure below 82080
Bitcoin (BTC/USD)
-620.40-0.76%
under pressure below 82080.
Our pivot point is at 82080.
Our preference: under pressure below 82080.
Alternative scenario: the upside breakout of 82080, would call for 83150 and 83780.
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 81679 and 81269).
Supports and resistances:
83780 **
83150 *
82080 **
81220 last
79860
79230 **
78590 *
Our preference: under pressure below 82080.
Alternative scenario: the upside breakout of 82080, would call for 83150 and 83780.
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 81679 and 81269).
Supports and resistances:
83780 **
83150 *
82080 **
81220 last
79860
79230 **
78590 *
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