Bitcoin Intraday: Target 61,829
Bitcoin (BTC/USD)
+252.26+0.40%
The downside prevails as long as 63,614 is resistance, with 61,829 and 61,380 as targets
Our pivot point is at 63,614.
Our preference: The downside prevails as long as 63,614 is resistance, with 61,829 and 61,380 as targets
Alternative scenario: above 63,614, look for 64,371 and 64,822.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 62,780 and 63,047).
Supports and resistances:
64,822 **
64,371 *
63,614 **
62,666 last
61,829
61,380 **
60,932 *
Our preference: The downside prevails as long as 63,614 is resistance, with 61,829 and 61,380 as targets
Alternative scenario: above 63,614, look for 64,371 and 64,822.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 62,780 and 63,047).
Supports and resistances:
64,822 **
64,371 *
63,614 **
62,666 last
61,829
61,380 **
60,932 *
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