Bitcoin Intraday: First target, continuation or consolidation?

Bitcoin (BTC/USD)
+306.14+0.40%
Rebound above 74,493 towards 77,299
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Our pivot point is at 74,493.

Our preference: Rebound above 74,493 towards 77,299

Alternative scenario: below 74,493, expect 73,720 and 73,260.

Comment: As prices near our first target, a throwback could occur, though a clean break above could fuel further gains.

Supports and resistances:
77,764 *
77,299 **
76,834
76,072 last
74,493 **
73,720 *
73,260 **

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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