Cryptocurrency

Bitcoin / USD may fall to 63650 - 64230

2024-10-15

66230 is our pivot point.

Our preference

Eye 63650.

Alternative scenario

Above 66230, look for 67220 and 67800.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under its 20 period moving average (65751) but above its 50 period moving average (65385).

Supports and resistances

67800 **

67220 *

66230 **

65840

65408 last

64230

63650 **

63060 *

62470 **

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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