Cryptocurrency

Bitcoin / Euro may rise to 64780 - 69460

2024-08-20

Our pivot point stands at 47620.

Our preference

Rebound towards 69460.

Alternative scenario

Below 47620, expect 40010 and 35490.

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 stands above its 20 period moving average (54181) but below its 50 period moving average (56376).

Supports and resistances

78820 **

74140 *

69460 **

64780

54981 last

50600

47620 **

40010 *

35490 **

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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