Bitcoin Intraday: The upside prevails as long as 73,538 is support
Bitcoin (BTC/USD)
+3035.72+4.18%
The upside prevails as long as 73,538 is support, with 75,539 and 75,890 as targets
Our pivot point is at 73,538.
Our preference: The upside prevails as long as 73,538 is support, with 75,539 and 75,890 as targets
Alternative scenario: below 73,538, expect 72,955 and 72,608.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 73,418 and 72,035).
Supports and resistances:
76,241 *
75,890 **
75,539
74,475 last
73,538 **
72,955 *
72,608 **
Our preference: The upside prevails as long as 73,538 is support, with 75,539 and 75,890 as targets
Alternative scenario: below 73,538, expect 72,955 and 72,608.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 73,418 and 72,035).
Supports and resistances:
76,241 *
75,890 **
75,539
74,475 last
73,538 **
72,955 *
72,608 **
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