Bitcoin Intraday: Target 79,513
Bitcoin (BTC/USD)
+283.56+0.35%
The downside prevails as long as 82,303 is resistance, with 79,513 and 78,866 as targets
Our pivot point is at 82,303.
Our preference: The downside prevails as long as 82,303 is resistance, with 79,513 and 78,866 as targets
Alternative scenario: above 82,303, look for 83,397 and 84,049.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands above its 20 period moving average (81,461) but below its 50 period moving average (81,649).
Supports and resistances:
84,049 **
83,397 *
82,303 **
81,487 last
79,513
78,866 **
78,220 *
Our preference: The downside prevails as long as 82,303 is resistance, with 79,513 and 78,866 as targets
Alternative scenario: above 82,303, look for 83,397 and 84,049.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands above its 20 period moving average (81,461) but below its 50 period moving average (81,649).
Supports and resistances:
84,049 **
83,397 *
82,303 **
81,487 last
79,513
78,866 **
78,220 *
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