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Bitcoin Intraday: rebound towards 71550

Jun 8, 2024 7:44 AM
rebound towards 71550.
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Our pivot point stands at 68380.

Our preference: rebound towards 71550.

Alternative scenario: below 68380, expect 67160 and 66440.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69359 and 70184).

Supports and resistances:
73000 **
72280 *
71550 **
70820
69355 last
68860
68380 **
67160 *
66440 **

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.
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