Market Analysis of BITCOIN on Wednesday 19 June 2024

2024-06-19 09:59Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 65360 is resistance

Our pivot point stands at 65360.

Our preference:

The downside prevails as long as 65360 is resistance.

Alternative scenario:

Above 65360, look for 66360 and 66960.

Comment:

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64817 and 65475).

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