Bitcoin Intraday: the upside prevails as long as 63950 is support
Jul 16, 2024 8:47 PM
the upside prevails as long as 63950 is support.

Our pivot point is at 63950.
Our preference: the upside prevails as long as 63950 is support.
Alternative scenario: below 63950, expect 63000 and 62430.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64201 and 64050).
Supports and resistances:
68050 **
67480 *
66910 **
66340
64985 last
64320
63950 **
63000 *
62430 **
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