Bitcoin Intraday: as long as 60910 is support look for 62890

Bitcoin (BTC/USD)
-48.07-0.08%
as long as 60910 is support look for 62890.
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60910 is our pivot point.

Our preference: as long as 60910 is support look for 62890.

Alternative scenario: the downside breakout of 60910 would call for 60150 and 59700.

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 61506 and 61130).

Supports and resistances:
63350 *
62890 **
62440
61517 last
60910 **
60150 *
59700 **

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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