Cryptocurrency

Bitcoin / USD may fall to 63320 - 63920

2024-06-19

Our pivot point is at 65930.

Our preference

Eye 63320.

Alternative scenario

The upside breakout of 65930, would call for 66950 and 67550.

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 below its 20 period moving average (65288) but above its 50 period moving average (65053).

Supports and resistances

67550 **

66950 *

65930 **

65530

65132 last

63920

63320 **

62720 *

62110 **

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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