Cryptocurrency

Bitcoin / USD may rise to 66150 - 66760

2024-06-20

Our pivot point stands at 64130.

Our preference

Rebound towards 66760.

Alternative scenario

The downside breakout of 64130 would call for 63110 and 62510.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 64940 and 65127).

Supports and resistances

67960 **

67360 *

66760 **

66150

64920 last

64520

64130 **

63110 *

62510 **

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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