Bitcoin Short Term: turning up
Aug 26, 2024 2:46 AM
long positions above 56100 with targets at 70000 & 73800 in extension.

Pivot: 56100
Our preference:
long positions above 56100 with targets at 70000 & 73800 in extension.
Alternative scenario:
below 56100 look for further downside with 49500 & 44500 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
77000
73800
70000
63962 Last
56100
49500
44500
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