Cryptocurrency

Bitcoin / USD may rise to 65460 - 66060

2024-06-23

Our pivot point stands at 63450.

Our preference

As long as 63450 is support look for 66060.

Alternative scenario

Below 63450, expect 62450 and 61860.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64268 and 64229).

Supports and resistances

67250 **

66660 *

66060 **

65460

64272 last

63850

63450 **

62450 *

61860 **

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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