Bitcoin Intraday: First target, continuation or consolidation?
Bitcoin (BTC/USD)
+1750.21+2.11%
The upside prevails as long as 81,752 is support, with 83,370 and 83,750 as targets
Our pivot point is at 81,752.
Our preference: The upside prevails as long as 81,752 is support, with 83,370 and 83,750 as targets
Alternative scenario: below 81,752, expect 81,116 and 80,737.
Comment: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for further upside.
Supports and resistances:
84,131 *
83,750 **
83,370
82,922 last
81,752 **
81,116 *
80,737 **
Our preference: The upside prevails as long as 81,752 is support, with 83,370 and 83,750 as targets
Alternative scenario: below 81,752, expect 81,116 and 80,737.
Comment: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for further upside.
Supports and resistances:
84,131 *
83,750 **
83,370
82,922 last
81,752 **
81,116 *
80,737 **
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