Bitcoin Intraday: Risk escalating
Bitcoin (BTC/USD)
+178.49+0.28%
The downside prevails as long as 63,151 is resistance, with 61,903 and 61,585 as targets
Our pivot point is at 63,151.
Our preference: The downside prevails as long as 63,151 is resistance, with 61,903 and 61,585 as targets
Alternative scenario: above 63,151, look for 63,686 and 64,005.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
64,005 **
63,686 *
63,151 **
62,998 last
61,903
61,585 **
61,267 *
Our preference: The downside prevails as long as 63,151 is resistance, with 61,903 and 61,585 as targets
Alternative scenario: above 63,151, look for 63,686 and 64,005.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
64,005 **
63,686 *
63,151 **
62,998 last
61,903
61,585 **
61,267 *
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.
