Bitcoin Intraday: Expect 62,879
Bitcoin (BTC/USD)
-1917.46-2.96%
The downside prevails as long as 64,526 is resistance, with 62,879 and 62,423 as targets
Our pivot point is at 64,526.
Our preference: The downside prevails as long as 64,526 is resistance, with 62,879 and 62,423 as targets
Alternative scenario: above 64,526, look for 65,295 and 65,752.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 63,955 and 64,411).
Supports and resistances:
65,752 **
65,295 *
64,526 **
63,760 last
62,879
62,423 **
61,967 *
Our preference: The downside prevails as long as 64,526 is resistance, with 62,879 and 62,423 as targets
Alternative scenario: above 64,526, look for 65,295 and 65,752.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 63,955 and 64,411).
Supports and resistances:
65,752 **
65,295 *
64,526 **
63,760 last
62,879
62,423 **
61,967 *
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