Cryptocurrency

Bitcoin / USD may rise to 73000 - 79500

2024-05-27

Pivot

60300

Our preference

Long positions above 60300 with targets at 73000 & 79500 in extension.

Alternative scenario

Below 60300 look for further downside with 57200 & 53000 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

83000

79500

73000

68520 Last

60300

57200

53000

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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