Bitcoin Intraday: Risk escalating

Bitcoin (BTC/USD)
+972.29+1.24%
Under pressure below 80,389, with 77,547 and 76,825 as targets
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Our pivot point is at 80,389.

Our preference: Under pressure below 80,389, with 77,547 and 76,825 as targets

Alternative scenario: above 80,389, look for 81,609 and 82,335.

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:
82,335 **
81,609 *
80,389 **
79,707 last
77,547
76,825 **
76,103 *

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.
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