Bitcoin Intraday: choppy.

Bitcoin (BTC/USD)
+784.28+1.27%
short positions below 62200 with targets at 60780 & 60250 in extension.
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Pivot: 62200

Our preference: short positions below 62200 with targets at 60780 & 60250 in extension.

Alternative scenario: above 62200 look for further upside with 62800 & 63460 as targets.

Comment: as long as the resistance at 62200 is not surpassed, the risk of the break below 60780 remains high.

Supports and resistances:
63460 **
62800 ***
62200 ***
61472 Last
60780 ***
60250 **
59600 **

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.
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