Bitcoin Short Term: the downside prevails.
Bitcoin (BTC/USD)
-32.65-0.05%
short positions below 78470 with targets at 56860 & 50950 in extension.
Pivot: 78470
Our preference: short positions below 78470 with targets at 56860 & 50950 in extension.
Alternative scenario: above 78470 look for further upside with 88660 & 94720 as targets.
Comment: the RSI advocates for further downside.
Supports and resistances:
94720
88660
78470
68522 Last
56860
50950
45040
Our preference: short positions below 78470 with targets at 56860 & 50950 in extension.
Alternative scenario: above 78470 look for further upside with 88660 & 94720 as targets.
Comment: the RSI advocates for further downside.
Supports and resistances:
94720
88660
78470
68522 Last
56860
50950
45040
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