Bitcoin Intraday: the downside prevails as long as 63950 is resistance
Sep 24, 2024 2:05 AM
the downside prevails as long as 63950 is resistance.

Our pivot point stands at 63950.
Our preference:
the downside prevails as long as 63950 is resistance.
Alternative scenario:
above 63950, look for 65190 and 65930.
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 63256 and 63495).
Supports and resistances:
65930 **
65190 *
63950 **
63460
62908 last
61430
60690 **
59950 *
59210 **
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