Bitcoin Intraday: bounce
Aug 6, 2024 5:24 AM
long positions above 53200 with targets at 57200 & 59100 in extension.

Pivot: 53200
Our preference: long positions above 53200 with targets at 57200 & 59100 in extension.
Alternative scenario: below 53200 look for further downside with 51400 & 49500 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
61300
59100
57200
55526 Last
53200
51400
49500
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