Bitcoin Intraday: as long as 76610 is support look for 79200
Bitcoin (BTC/USD)
+650.95+0.85%
as long as 76610 is support look for 79200.
Our pivot point stands at 76610.
Our preference: as long as 76610 is support look for 79200.
Alternative scenario: below 76610, expect 75650 and 75080.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (77458) but above its 50 period moving average (77158).
Supports and resistances:
79770 *
79200 **
78630
77395 last
76610 **
75650 *
75080 **
Our preference: as long as 76610 is support look for 79200.
Alternative scenario: below 76610, expect 75650 and 75080.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (77458) but above its 50 period moving average (77158).
Supports and resistances:
79770 *
79200 **
78630
77395 last
76610 **
75650 *
75080 **
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