Cryptocurrency

Bitcoin / USD may rise to 66970 - 67580

2024-06-20

Our pivot point is at 64950.

Our preference

The upside prevails as long as 64950 is support.

Alternative scenario

Below 64950, expect 63920 and 63310.

Comment

The RSI is above 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 65297 and 65142).

Supports and resistances

68800 **

68190 *

67580 **

66970

65750 last

65350

64950 **

63920 *

63310 **

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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