Bitcoin Intraday: The upside prevails as long as 76,760 is support
Bitcoin (BTC/USD)
+376.03+0.49%
The upside prevails as long as 76,760 is support, with 78,107 and 78,470 as targets
Our pivot point is at 76,760.
Our preference: The upside prevails as long as 76,760 is support, with 78,107 and 78,470 as targets
Alternative scenario: below 76,760, expect 76,151 and 75,789.
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 77,154 and 76,989).
Supports and resistances:
78,833 *
78,470 **
78,107
77,332 last
76,760 **
76,151 *
75,789 **
Our preference: The upside prevails as long as 76,760 is support, with 78,107 and 78,470 as targets
Alternative scenario: below 76,760, expect 76,151 and 75,789.
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 77,154 and 76,989).
Supports and resistances:
78,833 *
78,470 **
78,107
77,332 last
76,760 **
76,151 *
75,789 **
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