Bitcoin Intraday: Pivot threshold in sight

Bitcoin (BTC/USD)
+545.45+0.86%
The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets
image
Our pivot point is at 63,879.

Our preference: The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets

Alternative scenario: above 63,879, look for 64,420 and 64,743.

Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.

Supports and resistances:
64,743 **
64,420 *
63,879 **
63,767 last
62,525
62,204 **
61,883 *

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.
goTop
quote