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Bitcoin Short Term: the downside prevails
Jun 24, 2024 7:43 AM
short positions below 67000 with targets at 60400 & 57000 in extension.
Pivot: 67000
Our preference: short positions below 67000 with targets at 60400 & 57000 in extension.
Alternative scenario: above 67000 look for further upside with 71000 & 73500 as targets.
Comment: the break below 67000 is a negative signal that has opened a path to 60400.
Supports and resistances:
73500
71000
67000
62201 Last
60400
57000
50700
Our preference: short positions below 67000 with targets at 60400 & 57000 in extension.
Alternative scenario: above 67000 look for further upside with 71000 & 73500 as targets.
Comment: the break below 67000 is a negative signal that has opened a path to 60400.
Supports and resistances:
73500
71000
67000
62201 Last
60400
57000
50700
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