Bitcoin Short Term: continuation of the rebound
Jul 15, 2024 7:27 AM
long positions above 56000 with targets at 66800 & 71000 in extension.

Pivot: 56000
Our preference: long positions above 56000 with targets at 66800 & 71000 in extension.
Alternative scenario: below 56000 look for further downside with 50800 & 47000 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
73800
71000
66800
62957 Last
56000
50800
47000
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