Bitcoin Short Term: 93,596 in sight

Bitcoin (BTC/USD)
-89.50-0.10%
The upside prevails as long as 76,910 is support, with 93,596 and 96,701 as targets
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Our pivot point is at 76,910.

Our preference: The upside prevails as long as 76,910 is support, with 93,596 and 96,701 as targets

Alternative scenario: below 76,910, expect 72,093 and 69,225.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 82,811 and 78,982).

Supports and resistances:
99,807 *
96,701 **
93,596
86,454 last
76,910 **
72,093 *
69,225 **

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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