Bitcoin Intraday: the downside prevails as long as 62250 is resistance
Jun 26, 2024 9:09 AM
the downside prevails as long as 62250 is resistance.

62250 is our pivot point.
Our preference: the downside prevails as long as 62250 is resistance.
Alternative scenario: the upside breakout of 62250, would call for 63220 and 63790.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61769 and 61641).
Supports and resistances:
63790 **
63220 *
62250 **
61870
61492 last
60340
59770 **
59190 *
58610 **
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