Bitcoin Intraday: the upside prevails as long as 67130 is support
May 30, 2024 5:11 AM
the upside prevails as long as 67130 is support.

Our pivot point is at 67130.
Our preference: the upside prevails as long as 67130 is support.
Alternative scenario: the downside breakout of 67130 would call for 65850 and 65090.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67684 and 67796).
Supports and resistances:
71940 **
71180 *
70420 **
69660
68136 last
67630
67130 **
65850 *
65090 **
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