Cryptocurrency

Bitcoin / USD may rise to 65130 - 65700

2024-07-19

63130 is our pivot point.

Our preference

Rebound towards 65700.

Alternative scenario

Below 63130, expect 62190 and 61630.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (63760) but below its 50 period moving average (64309).

Supports and resistances

66820 **

66260 *

65700 **

65130

63865 last

63500

63130 **

62190 *

61630 **

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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