Cryptocurrency

Bitcoin / USD may rise to 65980 - 66560

2024-10-14

64040 is our pivot point.

Our preference

As long as 64040 is support look for 66560.

Alternative scenario

Below 64040, expect 63060 and 62480.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64445 and 63342).

Supports and resistances

67730 **

67150 *

66560 **

65980

64808 last

64420

64040 **

63060 *

62480 **

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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