Bitcoin Intraday: target 65590
Oct 23, 2024 2:05 AM
target 65590.

68060 is our pivot point.
Our preference:
target 65590.
Alternative scenario:
the upside breakout of 68060, would call for 69010 and 69580.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (67380) but above its 50 period moving average (67306).
Supports and resistances:
69580 **
69010 *
68060 **
67690
67316 last
66160
65590 **
65030 *
64460 **
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