Bitcoin Intraday: Towards 79,506
Bitcoin (BTC/USD)
+11.86+0.01%
The downside prevails as long as 81,420 is resistance, with 79,506 and 79,074 as targets
Our pivot point is at 81,420.
Our preference: The downside prevails as long as 81,420 is resistance, with 79,506 and 79,074 as targets
Alternative scenario: above 81,420, look for 82,151 and 82,586.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 80,911 and 80,799).
Supports and resistances:
82,586 **
82,151 *
81,420 **
80,500 last
79,506
79,074 **
78,641 *
Our preference: The downside prevails as long as 81,420 is resistance, with 79,506 and 79,074 as targets
Alternative scenario: above 81,420, look for 82,151 and 82,586.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 80,911 and 80,799).
Supports and resistances:
82,586 **
82,151 *
81,420 **
80,500 last
79,506
79,074 **
78,641 *
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