Bitcoin Intraday: the upside prevails as long as 66380 is support

Jun 12, 2024 7:44 AM

the upside prevails as long as 66380 is support.

66380 is our pivot point.

Our preference: the upside prevails as long as 66380 is support.

Alternative scenario: the downside breakout of 66380 would call for 65250 and 64570.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67330 and 67162).

Supports and resistances:
70710 **
70040 *
69360 **
68690
67337 last
66820
66380 **
65250 *
64570 **

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