Cryptocurrency

Bitcoin / USD may rise to 65890 - 66450

2024-07-18

Our pivot point stands at 63920.

Our preference

Rebound towards 66450.

Alternative scenario

Below 63920, expect 62960 and 62400.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (64749) but below its 50 period moving average (65109).

Supports and resistances

67590 **

67020 *

66450 **

65890

64751 last

64290

63920 **

62960 *

62400 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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