BTC may fall 1225.00 - 1805.00 USD

Our preference

The downside prevails as long as 77430 is resistance.

78,990.00 Resistance...…

78,410.00 Resistance

77,430.00 Resistance •

76,655.00 Last

77,430.00 Pivot

75,430.00 Support

74,850.00 Support

74,260.00 Support

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 76788 and 76829).

Alternative scenario

The upside breakout of 77430, would call for 78410 and 78990.

$BTC

BTC
BTCUSDT
72,964.8
-1.28%

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