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Bitcoin Intraday: as long as 66950 is support look for 69420

Oct 28, 2024 3:05 AM
as long as 66950 is support look for 69420.
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Our pivot point stands at 66950.
Our preference:
as long as 66950 is support look for 69420.
Alternative scenario:
the downside breakout of 66950 would call for 65990 and 65430.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (67792) but above its 50 period moving average (67471).
Supports and resistances:
70560 **
69990 *
69420 **
68850
67699 last
67320
66950 **
65990 *
65430 **
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