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Bitcoin Intraday: target 62080
Jul 7, 2026 11:34 PM
target 62080.
Our pivot point stands at 64260.
Our preference:
target 62080.
Alternative scenario:
the upside breakout of 64260, would call for 65090 and 65570.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (63671) but above its 50 period moving average (63480).
Supports and resistances:
65570 **
65090 *
64260 **
63551 last
62570
62080 **
61600 *
Our preference:
target 62080.
Alternative scenario:
the upside breakout of 64260, would call for 65090 and 65570.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (63671) but above its 50 period moving average (63480).
Supports and resistances:
65570 **
65090 *
64260 **
63551 last
62570
62080 **
61600 *
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