Bitcoin Intraday: Expect 76,245
Bitcoin (BTC/USD)
-199.13-0.25%
The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets
Our pivot point is at 79,393.
Our preference: The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets
Alternative scenario: above 79,393, look for 80,598 and 81,315.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (77,874) but below its 50 period moving average (78,317).
Supports and resistances:
81,315 **
80,598 *
79,393 **
78,079 last
76,245
75,535 **
74,825 *
Our preference: The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets
Alternative scenario: above 79,393, look for 80,598 and 81,315.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (77,874) but below its 50 period moving average (78,317).
Supports and resistances:
81,315 **
80,598 *
79,393 **
78,079 last
76,245
75,535 **
74,825 *
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