Bitcoin Intraday: the downside prevails as long as 66750 is resistance
Bitcoin (BTC/USD)
-679.90-1.02%
the downside prevails as long as 66750 is resistance.
Our pivot point stands at 66750.
Our preference: the downside prevails as long as 66750 is resistance.
Alternative scenario: the upside breakout of 66750, would call for 67630 and 68160.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66071 and 66280).
Supports and resistances:
68160 **
67630 *
66750 **
65999 last
64870
64340 **
63820 *
Our preference: the downside prevails as long as 66750 is resistance.
Alternative scenario: the upside breakout of 66750, would call for 67630 and 68160.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66071 and 66280).
Supports and resistances:
68160 **
67630 *
66750 **
65999 last
64870
64340 **
63820 *
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