Bitcoin Intraday: Trend at a crossroads
Bitcoin (BTC/USD)
-55.96-0.07%
The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets
Our pivot point is at 80,068.
Our preference: The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets
Alternative scenario: above 80,068, look for 80,726 and 81,118.
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:
81,118 **
80,726 *
80,068 **
79,623 last
78,377
77,987 **
77,597 *
Our preference: The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets
Alternative scenario: above 80,068, look for 80,726 and 81,118.
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:
81,118 **
80,726 *
80,068 **
79,623 last
78,377
77,987 **
77,597 *
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