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Bitcoin Intraday: as long as 65070 is support look for 67270

Bitcoin (BTC/USD)
+3129.61+4.89%
as long as 65070 is support look for 67270.
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Our pivot point is at 65070.

Our preference: as long as 65070 is support look for 67270.

Alternative scenario: the downside breakout of 65070 would call for 64310 and 63850.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 65677 and 64934).

Supports and resistances:
67730 *
67270 **
66820
65878 last
65070 **
64310 *
63850 **

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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