Bitcoin Intraday: First target, continuation or consolidation?
Bitcoin (BTC/USD)
-244.57-0.38%
The upside prevails as long as 62,980 is support, with 64,766 and 65,222 as targets
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: Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
65,679 *
65,222 **
64,766
64,386 last
62,980 **
62,216 *
61,761 **
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: Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
65,679 *
65,222 **
64,766
64,386 last
62,980 **
62,216 *
61,761 **
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