Bitcoin Intraday: as long as 96510 is support look for 101350
Bitcoin (BTC/USD)
+808.55+0.82%
as long as 96510 is support look for 101350.
Our pivot point stands at 96510.
Our preference: as long as 96510 is support look for 101350.
Alternative scenario: the downside breakout of 96510 would call for 94690 and 93610.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (98083) but above its 50 period moving average (97351).
Supports and resistances:
103520 **
102430 *
101350 **
100270
97989 last
97220
96510 **
94690 *
93610 **
Our preference: as long as 96510 is support look for 101350.
Alternative scenario: the downside breakout of 96510 would call for 94690 and 93610.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (98083) but above its 50 period moving average (97351).
Supports and resistances:
103520 **
102430 *
101350 **
100270
97989 last
97220
96510 **
94690 *
93610 **
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