Market Analysis of BITCOIN on Monday 24 June 2024

2024-06-24 10:01Source:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 64860 is resistance

Our pivot point stands at 64860.

Our preference:

The downside prevails as long as 64860 is resistance.

Alternative scenario:

Above 64860, look for 65860 and 66450.

Comment:

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64155 and 64270).

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