Bitcoin Intraday: as long as 96190 is support look for 100800

Bitcoin (BTC/USD)
+185.60+0.18%
as long as 96190 is support look for 100800.
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Our pivot point stands at 96190.

Our preference: as long as 96190 is support look for 100800.

Alternative scenario: the downside breakout of 96190 would call for 94450 and 93420.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97448 and 96552).

Supports and resistances:
102860 **
101830 *
100800 **
99760
97609 last
96870
96190 **
94450 *
93420 **

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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