Bitcoin Intraday: the upside prevails as long as 66500 is support
Jun 12, 2024 9:05 AM
the upside prevails as long as 66500 is support.

66500 is our pivot point.
Our preference: the upside prevails as long as 66500 is support.
Alternative scenario: the downside breakout of 66500 would call for 65370 and 64690.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67334 and 67142).
Supports and resistances:
70790 **
70110 *
69440 **
68760
67410 last
66950
66500 **
65370 *
64690 **
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