Bitcoin Intraday: rise to 63350
May 12, 2024 7:14 AM
rise to 63350.

59900 is our pivot point.
Our preference: rise to 63350.
Alternative scenario: below 59900, expect 58580 and 57800.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60938 and 60933).
Supports and resistances:
64920 **
64140 *
63350 **
62570
60940 last
60410
59900 **
58580 *
57800 **
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