Bitcoin Short Term: towards 78700
Oct 21, 2024 6:59 AM
long positions above 60000 with targets at 73800 & 78700 in extension.

Pivot: 60000
Our preference:
long positions above 60000 with targets at 73800 & 78700 in extension.
Alternative scenario:
below 60000 look for further downside with 53000 & 49000 as targets.
Comment:
the immediate trend remains up and the momentum is strong.
Supports and resistances:
82870
78700
73800
68889 Last
60000
53000
49000
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.