Cryptocurrency

Bitcoin / USD may fall to 57000 - 60400

2024-06-24

Pivot

67000

Our preference

Short positions below 67000 with targets at 60400 & 57000 in extension.

Alternative scenario

Above 67000 look for further upside with 71000 & 73500 as targets.

Comment

The break below 67000 is a negative signal that has opened a path to 60400.

Supports and resistances

73500

71000

67000

62201 Last

60400

57000

50700

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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