Bitcoin Intraday: bullish bias above 97600
Dec 9, 2024 6:29 AM
long positions above 97600 with targets at 101500 & 103550 in extension.
Pivot: 97600
Our preference:
long positions above 97600 with targets at 101500 & 103550 in extension.
Alternative scenario:
below 97600 look for further downside with 95850 & 93800 as targets.
Comment:
a support base at 97600 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
106000
103550
101500
99260 Last
97600
95850
93800
Our preference:
long positions above 97600 with targets at 101500 & 103550 in extension.
Alternative scenario:
below 97600 look for further downside with 95850 & 93800 as targets.
Comment:
a support base at 97600 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
106000
103550
101500
99260 Last
97600
95850
93800
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