Cryptocurrency

Bitcoin / USD may fall to 65310 - 65870

2024-10-23

Our pivot point stands at 67780.

Our preference

The downside prevails as long as 67780 is resistance.

Alternative scenario

Above 67780, look for 68730 and 69290.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67318 and 67267).

Supports and resistances

69290 **

68730 *

67780 **

67410

67041 last

65870

65310 **

64750 *

64190 **

Number of asterisks represents the strength of support and resistance levels.

Trade with Exness

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.

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