Bitcoin Intraday: Pivot threshold in sight
Bitcoin (BTC/USD)
-359.77-0.47%
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 asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
78,833 *
78,470 **
78,107
77,067 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 asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
78,833 *
78,470 **
78,107
77,067 last
76,760 **
76,151 *
75,789 **
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