Bitcoin Intraday: the downside prevails as long as 61370 is resistance
Oct 3, 2024 1:02 PM
the downside prevails as long as 61370 is resistance.

Our pivot point is at 61370.
Our preference:
the downside prevails as long as 61370 is resistance.
Alternative scenario:
above 61370, look for 62540 and 63240.
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 60894 and 60992).
Supports and resistances:
63240 **
62540 *
61370 **
60910
60450 last
59060
58360 **
57660 *
56960 **
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