Bitcoin Intraday: the upside prevails as long as 69110 is support

Jun 4, 2024 9:14 PM

the upside prevails as long as 69110 is support.

Our pivot point stands at 69110.

Our preference: the upside prevails as long as 69110 is support.

Alternative scenario: below 69110, expect 67880 and 67150.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 69869 and 69357).

Supports and resistances:
74220 **
73480 *
72740 **
72000
70284 last
69600
69110 **
67880 *
67150 **

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