Bitcoin Intraday: Risk escalating
Bitcoin (BTC/USD)
+174.27+0.27%
The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets
Our pivot point is at 63,964.
Our preference: The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets
Alternative scenario: above 63,964, look for 64,507 and 64,830.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
64,830 **
64,507 *
63,964 **
63,876 last
62,673
62,351 **
62,030 *
Our preference: The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets
Alternative scenario: above 63,964, look for 64,507 and 64,830.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
64,830 **
64,507 *
63,964 **
63,876 last
62,673
62,351 **
62,030 *
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