Bitcoin Intraday: Risk escalating

Bitcoin (BTC/USD)
-19.67-0.02%
The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets
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Our pivot point is at 80,068.

Our preference: The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets

Alternative scenario: above 80,068, look for 80,726 and 81,118.

Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.

Supports and resistances:
81,118 **
80,726 *
80,068 **
79,593 last
78,377
77,987 **
77,597 *

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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