Bitcoin Intraday: the upside prevails as long as 65460 is support
Bitcoin (BTC/USD)
+1093.32+1.67%
the upside prevails as long as 65460 is support.
Our pivot point is at 65460.
Our preference: the upside prevails as long as 65460 is support.
Alternative scenario: the downside breakout of 65460 would call for 64580 and 64050.
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 65772 and 65315).
Supports and resistances:
68490 *
67970 **
67440
66158 last
65460 **
64580 *
64050 **
Our preference: the upside prevails as long as 65460 is support.
Alternative scenario: the downside breakout of 65460 would call for 64580 and 64050.
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 65772 and 65315).
Supports and resistances:
68490 *
67970 **
67440
66158 last
65460 **
64580 *
64050 **
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