Bitcoin Intraday: the upside prevails as long as 60610 is support
Oct 4, 2024 8:41 AM
the upside prevails as long as 60610 is support.

Our pivot point stands at 60610.
Our preference:
the upside prevails as long as 60610 is support.
Alternative scenario:
the downside breakout of 60610 would call for 59420 and 58710.
Comment:
the RSI is above 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 61082 and 60791).
Supports and resistances:
65190 **
64480 *
63760 **
63050
61552 last
61080
60610 **
59420 *
58710 **
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