Cryptocurrency

Bitcoin / USD may rise to 68040 - 68620

2024-07-30

66020 is our pivot point.

Our preference

Rebound towards 68620.

Alternative scenario

Below 66020, expect 65040 and 64450.

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 is trading above its 20 period moving average (66623) but under its 50 period moving average (67640).

Supports and resistances

69790 **

69210 *

68620 **

68040

66844 last

66410

66020 **

65040 *

64450 **

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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