Bitcoin Short Term: bounce

Nov 11, 2024 8:09 AM

long positions above 70000 with targets at 87500 & 93700 in extension.

Pivot: 70000
Our preference:
long positions above 70000 with targets at 87500 & 93700 in extension.
Alternative scenario:
below 70000 look for further downside with 64750 & 59500 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
99000
93700
87500
81259 Last
70000
64750
59500

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