Bitcoin Intraday: the upside prevails as long as 63560 is support
Jun 22, 2024 7:29 AM
the upside prevails as long as 63560 is support.

Our pivot point stands at 63560.
Our preference: the upside prevails as long as 63560 is support.
Alternative scenario: the downside breakout of 63560 would call for 62560 and 61960.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64178 and 64041).
Supports and resistances:
67430 **
66830 *
66230 **
65640
64401 last
63950
63560 **
62560 *
61960 **
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