Bitcoin Intraday: On the edge of pivot level

Bitcoin (BTC/USD)
-445.46-0.69%
The downside prevails as long as 69,785 is resistance, with 67,496 and 66,985 as targets
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Our pivot point is at 69,785.

Our preference: The downside prevails as long as 69,785 is resistance, with 67,496 and 66,985 as targets

Alternative scenario: above 69,785, look for 70,650 and 71,165.

Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.

Supports and resistances:
71,165 **
70,650 *
69,785 **
69,233 last
67,496
66,985 **
66,475 *

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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