Bitcoin Intraday: Expect 77,781
Bitcoin (BTC/USD)
-729.82-0.92%
The downside prevails as long as 79,371 is resistance, with 77,781 and 77,394 as targets
Our pivot point is at 79,371.
Our preference: The downside prevails as long as 79,371 is resistance, with 77,781 and 77,394 as targets
Alternative scenario: above 79,371, look for 80,024 and 80,413.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (78,756) but below its 50 period moving average (79,022).
Supports and resistances:
80,413 **
80,024 *
79,371 **
78,807 last
77,781
77,394 **
77,006 *
Our preference: The downside prevails as long as 79,371 is resistance, with 77,781 and 77,394 as targets
Alternative scenario: above 79,371, look for 80,024 and 80,413.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (78,756) but below its 50 period moving average (79,022).
Supports and resistances:
80,413 **
80,024 *
79,371 **
78,807 last
77,781
77,394 **
77,006 *
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