Bitcoin Intraday: Risk escalating

Bitcoin (BTC/USD)
-1520.47-1.92%
The upside prevails as long as 77,948 is support, with 80,905 and 81,696 as targets
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Our pivot point is at 77,948.

Our preference: The upside prevails as long as 77,948 is support, with 80,905 and 81,696 as targets

Alternative scenario: below 77,948, expect 76,626 and 75,839.

Comment: The price is dangerously moving towards our pivot, one of the final opportunities for a reversal.

Supports and resistances:
82,486 *
81,696 **
80,905
78,387 last
77,948 **
76,626 *
75,839 **

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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