Bitcoin Intraday: as long as 67420 is support look for 69950

Oct 25, 2024 12:05 AM

as long as 67420 is support look for 69950.

Our pivot point stands at 67420.
Our preference:
as long as 67420 is support look for 69950.
Alternative scenario:
the downside breakout of 67420 would call for 66450 and 65880.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67961 and 67485).
Supports and resistances:
71090 **
70520 *
69950 **
69380
68220 last
67790
67420 **
66450 *
65880 **

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