Bitcoin Intraday: as long as 90320 is support look for 94090
Bitcoin (BTC/USD)
+77.53+0.09%
as long as 90320 is support look for 94090.
90320 is our pivot point.
Our preference: as long as 90320 is support look for 94090.
Alternative scenario: the downside breakout of 90320 would call for 88910 and 88080.
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 91469 and 91154).
Supports and resistances:
95770 **
94930 *
94090 **
93250
91579 last
90870
90320 **
88910 *
88080 **
Our preference: as long as 90320 is support look for 94090.
Alternative scenario: the downside breakout of 90320 would call for 88910 and 88080.
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 91469 and 91154).
Supports and resistances:
95770 **
94930 *
94090 **
93250
91579 last
90870
90320 **
88910 *
88080 **
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