Bitcoin Intraday: below its lower Bollinger band
Oct 3, 2024 8:41 AM
the downside prevails as long as 61300 is resistance.

Our pivot point stands at 61300.
Our preference:
the downside prevails as long as 61300 is resistance.
Alternative scenario:
above 61300, look for 62470 and 63160.
Comment:
the RSI is below 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 61037 and 61120). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (60414).
Supports and resistances:
63160 **
62470 *
61300 **
60840
60373 last
58810
58120 **
57420 *
56730 **
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