Bitcoin Intraday: the upside prevails as long as 61050 is support
Bitcoin (BTC/USD)
+481.54+0.78%
the upside prevails as long as 61050 is support.
61050 is our pivot point.
Our preference: the upside prevails as long as 61050 is support.
Alternative scenario: below 61050, expect 60290 and 59840.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61496 and 61421).
Supports and resistances:
63640 *
63180 **
62720
61720 last
61050 **
60290 *
59840 **
Our preference: the upside prevails as long as 61050 is support.
Alternative scenario: below 61050, expect 60290 and 59840.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61496 and 61421).
Supports and resistances:
63640 *
63180 **
62720
61720 last
61050 **
60290 *
59840 **
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