Bitcoin Intraday: The downside prevails as long as 63,964 is resistance
Bitcoin (BTC/USD)
-208.96-0.33%
The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets
Our pivot point is at 63,964.
Our preference: The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets
Alternative scenario: above 63,964, look for 64,507 and 64,830.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 63,822 and 63,701).
Supports and resistances:
64,830 **
64,507 *
63,964 **
63,384 last
62,673
62,351 **
62,030 *
Our preference: The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets
Alternative scenario: above 63,964, look for 64,507 and 64,830.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 63,822 and 63,701).
Supports and resistances:
64,830 **
64,507 *
63,964 **
63,384 last
62,673
62,351 **
62,030 *
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