Bitcoin Short Term: as long as 63140 is support look for 83990
Jun 11, 2024 1:04 AM
as long as 63140 is support look for 83990.

63140 is our pivot point.
Our preference: as long as 63140 is support look for 83990.
Alternative scenario: the downside breakout of 63140 would call for 55040 and 50220.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68966 and 65943).
Supports and resistances:
93630 **
88810 *
83990 **
79170
69505 last
66320
63140 **
55040 *
50220 **
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