Bitcoin Intraday: as long as 90850 is support look for 94650
Bitcoin (BTC/USD)
-4037.95-4.29%
as long as 90850 is support look for 94650.
Our pivot point is at 90850.
Our preference: as long as 90850 is support look for 94650.
Alternative scenario: below 90850, expect 89560 and 88790.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (93095) but above its 50 period moving average (90504).
Supports and resistances:
96200 **
95420 *
94650 **
93870
92310 last
91360
90850 **
89560 *
88790 **
Our preference: as long as 90850 is support look for 94650.
Alternative scenario: below 90850, expect 89560 and 88790.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (93095) but above its 50 period moving average (90504).
Supports and resistances:
96200 **
95420 *
94650 **
93870
92310 last
91360
90850 **
89560 *
88790 **
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