Bitcoin Intraday: Trend at a crossroads

Bitcoin (BTC/USD)
+235.88+0.32%
The downside prevails as long as 73,939 is resistance, with 71,597 and 71,055 as targets
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Our pivot point is at 73,939.

Our preference: The downside prevails as long as 73,939 is resistance, with 71,597 and 71,055 as targets

Alternative scenario: above 73,939, look for 74,855 and 75,401.

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:
75,401 **
74,855 *
73,939 **
73,716 last
71,597
71,055 **
70,514 *

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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