Bitcoin Intraday: as long as 75880 is support look for 78620

Bitcoin (BTC/USD)
-533.44-0.69%
as long as 75880 is support look for 78620.
image
Our pivot point stands at 75880.

Our preference: as long as 75880 is support look for 78620.

Alternative scenario: below 75880, expect 74930 and 74370.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 76823 and 76808).

Supports and resistances:
79190 *
78620 **
78050
76898 last
75880 **
74930 *
74370 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
goTop
quote