Bitcoin Intraday: the downside prevails as long as 62660 is resistance
Oct 9, 2024 1:02 PM
the downside prevails as long as 62660 is resistance.

Our pivot point is at 62660.
Our preference:
the downside prevails as long as 62660 is resistance.
Alternative scenario:
above 62660, look for 63600 and 64150.
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 62205 and 62263).
Supports and resistances:
64150 **
63600 *
62660 **
62300
61929 last
60820
60260 **
59710 *
59150 **
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