Bitcoin Intraday: 78,602 expected
Bitcoin (BTC/USD)
-1080.92-1.35%
The downside prevails as long as 80,048 is resistance, with 78,602 and 78,211 as targets
Our pivot point is at 80,048.
Our preference: The downside prevails as long as 80,048 is resistance, with 78,602 and 78,211 as targets
Alternative scenario: above 80,048, look for 80,707 and 81,099.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (79,534) but below its 50 period moving average (79,741).
Supports and resistances:
81,099 **
80,707 *
80,048 **
79,619 last
78,602
78,211 **
77,819 *
Our preference: The downside prevails as long as 80,048 is resistance, with 78,602 and 78,211 as targets
Alternative scenario: above 80,048, look for 80,707 and 81,099.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (79,534) but below its 50 period moving average (79,741).
Supports and resistances:
81,099 **
80,707 *
80,048 **
79,619 last
78,602
78,211 **
77,819 *
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