Bitcoin Short Term: key resistance at 66465.

Bitcoin (BTC/USD)
+259.74+0.44%
short positions below 66465 with targets at 53150 & 48470 in extension.
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Pivot: 66465

Our preference: short positions below 66465 with targets at 53150 & 48470 in extension.

Alternative scenario: above 66465 look for further upside with 71470 & 76900 as targets.

Comment: as long as 66465 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
76900 **
71470 ***
66465 ***
59840 Last
53150 ***
48470 ***
43555 **

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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