Bitcoin Intraday: the downside prevails as long as 67730 is resistance
Oct 22, 2024 1:02 PM
the downside prevails as long as 67730 is resistance.

Our pivot point is at 67730.
Our preference:
the downside prevails as long as 67730 is resistance.
Alternative scenario:
the upside breakout of 67730, would call for 68670 and 69230.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67252 and 67373).
Supports and resistances:
69230 **
68670 *
67730 **
67360
66977 last
65850
65290 **
64730 *
64170 **
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