Bitcoin Intraday: the upside prevails as long as 61910 is support
Bitcoin (BTC/USD)
+2536.46+4.08%
the upside prevails as long as 61910 is support.
Our pivot point is at 61910.
Our preference: the upside prevails as long as 61910 is support.
Alternative scenario: below 61910, expect 61110 and 60640.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62557 and 62422).
Supports and resistances:
64740 *
64260 **
63790
62753 last
61910 **
61110 *
60640 **
Our preference: the upside prevails as long as 61910 is support.
Alternative scenario: below 61910, expect 61110 and 60640.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62557 and 62422).
Supports and resistances:
64740 *
64260 **
63790
62753 last
61910 **
61110 *
60640 **
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