Bitcoin Intraday: Pivot threshold in sight

Bitcoin (BTC/USD)
-180.57-0.22%
Rebound above 79,290 towards 81,496
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Our pivot point is at 79,290.

Our preference: Rebound above 79,290 towards 81,496

Alternative scenario: below 79,290, expect 78,567 and 78,137.

Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.

Supports and resistances:
81,927 *
81,496 **
81,064
79,578 last
79,290 **
78,567 *
78,137 **

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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