Bitcoin Short Term: the downside prevails
Apr 7, 2025 7:06 AM
short positions below 88000 with targets at 66000 & 59000 in extension.

Pivot: 88000
Our preference:
short positions below 88000 with targets at 66000 & 59000 in extension.
Alternative scenario:
above 88000 look for further upside with 93000 & 100000 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
100000
93000
88000
75140 Last
66000
59000
53000
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