Bitcoin / Dollar intraday: our next up target stands at 77270

Our preference

Our next up target stands at 77270.

78,000.00 Resistance •••

77,270.00 Resistance ••

76,550.00 Resistance •

74,836.00 Last

73,880.00 Pivot

73,880.00 Support •

72,670.00 Support ••

71,950.00 Support ...

Comment

The RSI is above its neutrality area at 50. The

MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 74443 and 74680).

Alternative scenario

The downside breakout of 73880 would call for 72670 and 71950.

Current trend#bitcoin #bitcoin #BitcoinPriceTrends $BTC

BTC

77,193.72

+1.12%