Bitcoin Intraday: as long as 80110 is support look for 83010

Bitcoin (BTC/USD)
-40.03-0.05%
as long as 80110 is support look for 83010.
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Our pivot point stands at 80110.

Our preference: as long as 80110 is support look for 83010.

Alternative scenario: the downside breakout of 80110 would call for 79070 and 78450.

Comment: the RSI is above 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 80975 and 80749).

Supports and resistances:
83620 *
83010 **
82390
81144 last
80110 **
79070 *
78450 **

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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