Bitcoin Intraday: The downside prevails as long as 68,027 is resistance
Bitcoin (BTC/USD)
-1318.68-1.93%
The downside prevails as long as 68,027 is resistance, with 66,115 and 65,615 as targets
Our pivot point is at 68,027.
Our preference: The downside prevails as long as 68,027 is resistance, with 66,115 and 65,615 as targets
Alternative scenario: above 68,027, look for 68,870 and 69,372.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 67,772 and 68,463).
Supports and resistances:
69,372 **
68,870 *
68,027 **
67,289 last
66,115
65,615 **
65,115 *
Our preference: The downside prevails as long as 68,027 is resistance, with 66,115 and 65,615 as targets
Alternative scenario: above 68,027, look for 68,870 and 69,372.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 67,772 and 68,463).
Supports and resistances:
69,372 **
68,870 *
68,027 **
67,289 last
66,115
65,615 **
65,115 *
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