Bitcoin Short Term: rebound expected.
Bitcoin (BTC/USD)+1994.93+2.78%
long positions above 59580 with targets at 85210 & 92180 in extension.

Pivot: 59580
Our preference: long positions above 59580 with targets at 85210 & 92180 in extension.
Alternative scenario: below 59580 look for further downside with 48370 & 41690 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
99140
92180
85210
73521 Last
59580
48370
41690
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.