Cryptocurrency

Bitcoin / USD may fall to 63010 - 63610

2024-06-20

65680 is our pivot point.

Our preference

The downside prevails as long as 65680 is resistance.

Alternative scenario

Above 65680, look for 66690 and 67290.

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 65046 and 65120).

Supports and resistances

67290 **

66690 *

65680 **

65280

64815 last

63610

63010 **

62410 *

61810 **

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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