Bitcoin Short Term: caution.

Bitcoin (BTC/USD)
+339.87+0.54%
long positions above 61379 with targets at 69365 & 71156 in extension.
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Pivot: 61379

Our preference: long positions above 61379 with targets at 69365 & 71156 in extension.

Alternative scenario: below 61379 look for further downside with 58467 & 56734 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:
72946
71156
69365
63254 Last
61379
58467
56734

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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