Cryptocurrency

Bitcoin / USD may rise to 68730 - 69290

2024-10-23

66670 is our pivot point.

Our preference

The upside prevails as long as 66670 is support.

Alternative scenario

Below 66670, expect 65720 and 65150.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67218 and 67346).

Supports and resistances

70430 **

69860 *

69290 **

68730

67578 last

67040

66670 **

65720 *

65150 **

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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