Cryptocurrency

Bitcoin / USD may rise to 68470 - 69150

2024-06-14

Our pivot point is at 66220.

Our preference

The upside prevails as long as 66220 is support.

Alternative scenario

Below 66220, expect 65090 and 64420.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66833 and 67033).

Supports and resistances

70490 **

69820 *

69150 **

68470

67111 last

66660

66220 **

65090 *

64420 **

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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