Cryptocurrency

Bitcoin / USD may rise to 65550 - 66150

2024-06-23

Our pivot point stands at 63570.

Our preference

As long as 63570 is support look for 66150.

Alternative scenario

Below 63570, expect 62570 and 61970.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 64360 and 64316).

Supports and resistances

67340 **

66750 *

66150 **

65550

64360 last

63970

63570 **

62570 *

61970 **

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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