Bitcoin Intraday: as long as 63460 is support look for 65720

Bitcoin (BTC/USD)
+602.03+0.95%
as long as 63460 is support look for 65720.
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Our pivot point stands at 63460.

Our preference: as long as 63460 is support look for 65720.

Alternative scenario: below 63460, expect 62630 and 62140.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 64153 and 63570).

Supports and resistances:
66220 *
65720 **
65230
64196 last
63460 **
62630 *
62140 **

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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