Bitcoin Intraday: as long as 88210 is support look for 91790

Bitcoin (BTC/USD)
+1436.22+1.63%
as long as 88210 is support look for 91790.
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Our pivot point stands at 88210.

Our preference: as long as 88210 is support look for 91790.

Alternative scenario: below 88210, expect 86930 and 86160.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 89047 and 88568).

Supports and resistances:
93330 **
92560 *
91790 **
91020
89260 last
88720
88210 **
86930 *
86160 **

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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