Bitcoin Intraday: as long as 96530 is support look for 101300
Bitcoin (BTC/USD)
+381.64+0.39%
as long as 96530 is support look for 101300.
Our pivot point is at 96530.
Our preference: as long as 96530 is support look for 101300.
Alternative scenario: the downside breakout of 96530 would call for 94710 and 93630.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (98203) but above its 50 period moving average (97042).
Supports and resistances:
103470 **
102390 *
101300 **
100220
97963 last
97240
96530 **
94710 *
93630 **
Our preference: as long as 96530 is support look for 101300.
Alternative scenario: the downside breakout of 96530 would call for 94710 and 93630.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (98203) but above its 50 period moving average (97042).
Supports and resistances:
103470 **
102390 *
101300 **
100220
97963 last
97240
96530 **
94710 *
93630 **
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