Cryptocurrency

Bitcoin / USD may rise to 66960 - 67560

2024-10-15

Our pivot point stands at 64990.

Our preference

The upside prevails as long as 64990 is support.

Alternative scenario

The downside breakout of 64990 would call for 63990 and 63390.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65561 and 65668).

Supports and resistances

68750 **

68160 *

67560 **

66960

65774 last

65380

64990 **

63990 *

63390 **

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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