Bitcoin Intraday: the upside prevails as long as 63470 is support
Bitcoin (BTC/USD)
+1036.38+1.64%
the upside prevails as long as 63470 is support.
Our pivot point is at 63470.
Our preference: the upside prevails as long as 63470 is support.
Alternative scenario: the downside breakout of 63470 would call for 62640 and 62150.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63733 and 63261).
Supports and resistances:
66280 *
65780 **
65290
64123 last
63470 **
62640 *
62150 **
Our preference: the upside prevails as long as 63470 is support.
Alternative scenario: the downside breakout of 63470 would call for 62640 and 62150.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63733 and 63261).
Supports and resistances:
66280 *
65780 **
65290
64123 last
63470 **
62640 *
62150 **
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