Bitcoin Intraday: the downside prevails as long as 63090 is resistance
May 14, 2024 8:11 AM
the downside prevails as long as 63090 is resistance.

Our pivot point is at 63090.
Our preference: the downside prevails as long as 63090 is resistance.
Alternative scenario: the upside breakout of 63090, would call for 64430 and 65230.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62623 and 62676).
Supports and resistances:
65230 **
64430 *
63090 **
62570
61968 last
60020
59230 **
58440 *
57650 **
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