Bitcoin Intraday: as long as 66280 is resistance look for 63590

Bitcoin (BTC/USD)
-159.07-0.25%
as long as 66280 is resistance look for 63590.
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Our pivot point stands at 66280.

Our preference: as long as 66280 is resistance look for 63590.

Alternative scenario: above 66280, look for 67110 and 67600.

Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65234 and 65477).

Supports and resistances:
67600 **
67110 *
66280 **
65064 last
64080
63590 **
63100 *

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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