Bitcoin Intraday: Look for 75,712

Bitcoin (BTC/USD)
+612.64+0.80%
The downside prevails as long as 77,601 is resistance, with 75,712 and 75,299 as targets
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Our pivot point is at 77,601.

Our preference: The downside prevails as long as 77,601 is resistance, with 75,712 and 75,299 as targets

Alternative scenario: above 77,601, look for 78,298 and 78,713.

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 77,144 and 77,800).

Supports and resistances:
78,713 **
78,298 *
77,601 **
76,790 last
75,712
75,299 **
74,887 *

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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