Cryptocurrency

Bitcoin / USD may fall to 64800 - 65900

2024-07-30

Pivot

68700

Our preference

Short positions below 68700 with targets at 65900 & 64800 in extension.

Alternative scenario

Above 68700 look for further upside with 70000 & 71000 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

71000

70000

68700

67004 Last

65900

64800

63400

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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