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Bitcoin Intraday: Pivot threshold in sight
Bitcoin (BTC/USD)
-2162.93-2.56%
The upside prevails as long as 83,807 is support, with 85,389 and 85,779 as targets
Our pivot point is at 83,807.
Our preference: The upside prevails as long as 83,807 is support, with 85,389 and 85,779 as targets
Alternative scenario: below 83,807, expect 83,155 and 82,766.
Comment: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.
Supports and resistances:
86,168 *
85,779 **
85,389
84,225 last
83,807 **
83,155 *
82,766 **
Our preference: The upside prevails as long as 83,807 is support, with 85,389 and 85,779 as targets
Alternative scenario: below 83,807, expect 83,155 and 82,766.
Comment: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.
Supports and resistances:
86,168 *
85,779 **
85,389
84,225 last
83,807 **
83,155 *
82,766 **
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.
