Bitcoin Intraday: Towards 64,766

Bitcoin (BTC/USD)
+539.10+0.85%
The upside prevails as long as 62,980 is support, with 64,766 and 65,222 as targets
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Our pivot point is at 62,980.

Our preference: The upside prevails as long as 62,980 is support, with 64,766 and 65,222 as targets

Alternative scenario: below 62,980, expect 62,216 and 61,761.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 63,718 and 63,702). The Bitcoin / USD is trading above its upper Bollinger band (standing at 64,086).

Supports and resistances:
65,679 *
65,222 **
64,766
64,091 last
62,980 **
62,216 *
61,761 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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