Cryptocurrency

Bitcoin / USD may rise to 65520 - 66080

2024-08-01

Our pivot point stands at 63480.

Our preference

Rebound towards 66080.

Alternative scenario

Below 63480, expect 62530 and 61970.

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 (64348) but below its 50 period moving average (65422).

Supports and resistances

67210 **

66650 *

66080 **

65520

64384 last

63850

63480 **

62530 *

61970 **

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

Trade with Exness

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

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