Bitcoin Intraday: Target 76,372

Bitcoin (BTC/USD)
-351.71-0.45%
The downside prevails as long as 79,214 is resistance, with 76,372 and 75,595 as targets
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Our pivot point is at 79,214.

Our preference: The downside prevails as long as 79,214 is resistance, with 76,372 and 75,595 as targets

Alternative scenario: above 79,214, look for 80,523 and 81,302.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 78,235 and 78,608).

Supports and resistances:
81,302 **
80,523 *
79,214 **
78,132 last
76,372
75,595 **
74,819 *

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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