Bitcoin Intraday: as long as 71540 is support look for 75810
Bitcoin (BTC/USD)
-811.32-1.11%
as long as 71540 is support look for 75810.
Our pivot point stands at 71540.
Our preference: as long as 71540 is support look for 75810.
Alternative scenario: below 71540, expect 69900 and 68920.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (72899) but above its 50 period moving average (71860).
Supports and resistances:
77760 **
76790 *
75810 **
74830
72858 last
72180
71540 **
69900 *
68920 **
Our preference: as long as 71540 is support look for 75810.
Alternative scenario: below 71540, expect 69900 and 68920.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (72899) but above its 50 period moving average (71860).
Supports and resistances:
77760 **
76790 *
75810 **
74830
72858 last
72180
71540 **
69900 *
68920 **
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