Bitcoin Intraday: the upside prevails as long as 67800 is support
May 29, 2024 4:59 AM
the upside prevails as long as 67800 is support.

67800 is our pivot point.
Our preference: the upside prevails as long as 67800 is support.
Alternative scenario: the downside breakout of 67800 would call for 66510 and 65740.
Comment: the RSI is above its neutrality area at 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 68472 and 68183).
Supports and resistances:
72660 **
71890 *
71120 **
70350
68814 last
68310
67800 **
66510 *
65740 **
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