Bitcoin Intraday: Towards 81,275

Bitcoin (BTC/USD)
-145.46-0.18%
In spite of the current correction, a rebound near 81,646 is expected as long as 79,716 is still intact
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Our pivot point is at 79,716.

Our preference: In spite of the current correction, a rebound near 81,646 is expected as long as 79,716 is still intact

Alternative scenario: below 79,716, expect 79,096 and 78,727.

Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (80,649) but above its 50 period moving average (80,495).

Supports and resistances:
82,017 *
81,646 **
81,275
80,527 last
79,716 **
79,096 *
78,727 **

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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