Bitcoin Intraday: rebound towards 66140
Jul 25, 2024 10:06 AM
rebound towards 66140.
Our pivot point stands at 63500.
Our preference: rebound towards 66140.
Alternative scenario: the downside breakout of 63500 would call for 62550 and 61990.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64364 and 65443).
Supports and resistances:
67270 **
66700 *
66140 **
65570
64262 last
63870
63500 **
62550 *
61990 **
Our preference: rebound towards 66140.
Alternative scenario: the downside breakout of 63500 would call for 62550 and 61990.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64364 and 65443).
Supports and resistances:
67270 **
66700 *
66140 **
65570
64262 last
63870
63500 **
62550 *
61990 **
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Bitcoin
69099.63
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