Bitcoin Intraday: Expect 82,437

Bitcoin (BTC/USD)
-134.73-0.16%
The downside prevails as long as 85,541 is resistance, with 82,437 and 81,679 as targets
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Our pivot point is at 85,541.

Our preference: The downside prevails as long as 85,541 is resistance, with 82,437 and 81,679 as targets

Alternative scenario: above 85,541, look for 86,823 and 87,586.

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 84,302 and 85,099). The Bitcoin / USD is trading below its lower Bollinger band (standing at 83,969).

Supports and resistances:
87,586 **
86,823 *
85,541 **
83,925 last
82,437
81,679 **
80,921 *

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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