Cryptocurrency

Bitcoin / USD may fall to 65080 - 65830

2024-05-30

Our pivot point is at 68440.

Our preference

The downside prevails as long as 68440 is resistance.

Alternative scenario

Above 68440, look for 69700 and 70460.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 67778 and 67677).

Supports and resistances

70460 **

69700 *

68440 **

67940

67435 last

65830

65080 **

64330 *

63570 **

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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